Cirrhilabrus shutmani, also known as the magma fairy wrasse, was discovered by RVS Fishworld in 2016 living around the Didicas Volcano in the Babuyan Islands of the Philippines. The magma wrasse belongs to the family of 'Labridae', a colourful species of tropical and subtropical fish. The magma wrasse is found in tropical coral reef, within the depth range of . This species of fish usually inhabits steep slopes around coral reefs made up of loose rubble, however can be purchased within the aquariums trade.