[1][2] The lake is named after Rėkyva, which is a southern part of the city of Šiauliai.

[1] The lake's western and south-western shores are declared the Rėkyva Botanical Zoological Reserve.

[1][3][4][5] The lake is popular among fishing, kiteboarding and windsurfing enthusiasts, and by other visitors for recreational purposes as it has sandy beaches and a pier.

[6][4][7] The Lithuanian holiday Joninės is celebrated annually near the lake.

[8] Moreover, two yacht clubs are located on the shores of the lake.