During early development, fishes undergo significant changes that influence external morphology and the functioning of internal organs and systems. This often results in gradual variation of the morphological traits of individuals across developmental stages. The investigation of larval and juvenile fish development and growth patterns has pertinent implications for the systematic and ecological elucidation of species. Bryconops gracilis is a medium-sized fish, omnivorous that inhabits lotic and lentic environments with acidic and transparent waters in the Amazon basin. In this study, the early development of B. gracilis is described, until recently a practically unknown species. In terms of development, we used morphological, meristic, and morphometric data to characterize the larvae and juveniles. The individuals were collected in the Curuá-Una River, Amazon basin, Brazil. Fifty-four specimens were examined. Samples include individuals with 3.39 to 21.79mm SL. Yolk-sac larvae have two attachment organs on the dorsal surface of head and body. The larvae of B. gracilis are considered altricial, with a fusiform body, and the intestine reaches the median region of the body. Initially, the mouth is subterminal and becomes isognathic from the postflexion stage on. During the postflexion stage, the most relevant morphological changes occur (e.g., presence of all fins, mouth position similar to adults, increased body pigmentation), making individuals more specialized to explore new habitats and diets and maximize their chances of survival. Furthermore, vertebrae and myomeres are compared and assist with differentiating some Bryconops species at early life stages that occur in sympatry in the Amazon basin. Our results contribute to knowledge about the external morphology of neotropical freshwater fishes, enabling the identification of larvae and juveniles through traditional taxonomy and broadening the perspective on the ontogenetic study of the adipose fin in Characoidei.