As of 2013, Hypsilurus contains the following 20 species:
Hypsilurus auritus (Meyer, 1874)Hypsilurus binotatus (Meyer, 1874) – two-marked forest dragonHypsilurus boydii (Macleay, 1884) – Boyd's forest dragonHypsilurus bruijnii (W. Peters & Doria, 1878) – Bruijni forest dragonHypsilurus capreolatus Kraus & S. Myers, 2012Hypsilurus dilophus (A.M.C. Duméril & Bibron, 1837) – Indonesian forest dragonHypsilurus geelvinkianus (W. Peters & Doria, 1878) – New Guinea forest dragonHypsilurus godeffroyi (W. Peters, 1867) – northern forest dragonHypsilurus hikidanus Manthey & Denzer, 2006 – Hikida's forest dragonHypsilurus longi (Macleay, 1877) – Long's forest dragonHypsilurus macrolepis W. Peters, 1872Hypsilurus magnus Manthey & Denzer, 2006Hypsilurus modestus (Meyer, 1874) – modest forest dragonHypsilurus nigrigularis (Meyer, 1874)Hypsilurus ornatus Manthey & Denzer, 2006 – Denzer's forest dragonHypsilurus papuensis (Macleay, 1877) – Papua forest dragonHypsilurus schoedei (T. Vogt, 1932) – Vogt's forest dragonHypsilurus schultzewestrumi (Urban, 1999)Hypsilurus spinipes (A.M.C. Duméril & A.H.A. Duméril, 1851) – southern forest dragon, southern angle-headed dragonHypsilurus tenuicephalus Mathey & Denzer, 2006Nota bene: A binomial authority in parentheses indicates that the species was originally described in a genus other than Hypsilurus.