Platypodium elegans, the graceful platypodium, is a large leguminous tree found in the Neotropics that forms part of the forest canopy. It was first described by Julius Rudolph Theodor Vogel in 1837 and is the type species of the genus. The tree has been known to grow up to 30 metres in height and have a trunk with a diameter up to 1 m at breast height. Its trunk has large holes in it, sometimes making it possible to see through the trunk. The holes provide a habitat for giant damselflies and other insects both when alive and once the tree has died and fallen over. It has compound leaves each of which is made up of 10–20 leaflets. Three new chemical compounds have been isolated from the leaves and they form part of the diet of several monkeys and the squirrel Sciurus ingrami. In Panama it flowers from April to June, the flowers contain only four ovules, but normally only one of these reaches maturity forming a winged seed pod around 10 cm long and weighing 2 g. During the dry season around a year after the flowers are fertilised, the seeds are dispersed by the wind and the tree loses it leaves. The seeds are eaten by agoutis and by bruchid beetle larvae. The majority of seedlings are killed by damping off fungi in the first few months of growth, with seedlings that grow nearer the parent trees being more likely to die. The seedlings are relatively unable to survive in deep shade compared to other species in the same habitat. Various epiphytes are known to grow on P. elegans with the cactus Epiphyllum phyllanthus being the most abundant in Panama. Despite having holes in its trunk which should encourage debris and seeds to collect, hemiepiphytes are relatively uncommon, meaning that animals are not attracted to it to feed and then defecate. It has no known uses in traditional medicine and although it can be used for timber, the wood is of poor quality.

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