Lysimachia parvifolia is relatively new to the hobby. It is starting to be propagated on a large scale by larger commercial farms, where previously it could only be found among hobby collectors. This plant was originally collected in the limestone karst region of Guangxi, China. The Chinese name for the plant is "". When the plant first arrived on the market, hobbyists named it "Samolus parviflorus red" as it looked very similar to the plant Samolus parviflorus (which was totally green). Folks thought that it was just a red version of a known aquatic plant species. However, Samolus parviflorus was a species limited to north America, while the new plant was collected from China. Later on, it was identified as Lysimachia parvifolia. However, the name "Samolus red" had already stuck as a trade name for the plant. Thankfully, it is easy to differentiate the two species due to the distinct color differences.

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