Phasmahyla lisbella is a species of treefrog in the subfamily Phyllomedusinae, endemic to Brazil.

The skin of the dorsum is bright green in color with very small dark brown spots.

This frog can change color, from bright green during the day to green-brown at night.

Rather, the female frog folds a leaf into a pocket-shaped nest and deposits her eggs inside it.

[4] Scientists believe this frog is endangered because of its small, fragmented range and because its forests are still under threat from agriculture, silviculture, cattle grazing, and urbanization.