The Galápagos National Park does not allow landing on the island; however, it is a popular diving location.

[4] Wolf Island is the remains of an extinct volcano that reaches a maximum 253 m (830 ft) above sea level, it is situated north west of the main Galápagos Island group on the Wolf-Darwin Lineament that extends from the Galápagos Platform to the Galápagos Spreading Center, a mid ocean ridge separating the Nazca and Cocos tectonic plates.

There are currently two theories on the formation of the lineament and therefore Wolf island: the first is that magma rising from the mantle plume forming the main Galápagos Islands has been channelled towards the Galápagos Spreading Center; alternatively there has been a separate rise in magma caused by stress in the ocean lithosphere by a transform fault.

[5] Wolf Island is part of the Galápagos National Park; however, it is not accessible to land visits.

The marine life of Wolf Island includes: schooling hammerhead, Galápagos and occasionally whale sharks, as well as green turtles, manta rays and other pelagic fish.