Hygrocybe flavescens

Hygrocybe flavescens, commonly known as the golden waxy cap, is a species of Hygrocybe described from Michigan. It is considered nonpoisonous to humans. The species can be found in various forests and woodlands.

The mushroom is yellow-orange. Its cap ranges from 2.5 to 6 cm wide, and can be more orange in youth. The stalk is 4 to 7 cm long, .5 to 1.5 cm wide. The gills are more pale than the cap and stipe. The spores are white, elliptical, smooth and inamyloid. It has a mild taste and odor.

Hygrocybe chlorophana is similar, noted in North America as having a more viscid stipe. This distinction is not made in Europe, indicating that they may be the same species. It is considered edible, but undesirable. Mycologist David Arora describes it as "edible, but far from incredible".