Cryptophasa russata is a moth in the Xyloryctidae family. It was described by Butler in 1877. It is found in New Guinea and Australia, where it has been recorded from Queensland and New South Wales.
The wingspan is about 50 mm. The forewings are shining ferruginous with the costal border snow-white. The base, outer border, outer half of the inner border, and a streak from the outer border through the discocellulars to the centre of the discoidal cell are all slaty greyish. The hindwings are pale ferruginous.