The red-eyed tree frog (Agalychnis callidryas) is an arboreal hylid native to Neotropical rainforests where it ranges from Mexico, through Central America, to Colombia.It is sometimes kept in captivity.The scientific name of red-eyed tree frog, Agalychnis callidryas, comes from Greek words kallos (beautiful) and Dryas (a tree or wood nymph). As its name suggests, the red-eyed tree frog has red eyes with vertically narrowed pupils.It has a vibrant green body with yellow and blue vertically striped sides.he scientific name of red-eyed tree frog, Agalychnis callidryas, comes from Greek words kallos (beautiful) and Dryas (a tree or wood nymph).