The dwarf fat-tailed mouse opossum (Thylamys velutinus), also known as the velvety fat-tailed opossum is an opossum species from South America. It is endemic to Brazil, where it is found in cerrado and caatinga habitats. Its head-and-body length is about 141-212 (average 173.3) mm, and its tail length is about 73-85 (average 78) mm. Its diet is 44% arthropods; 75% of its diet consists of animals and animal products. Its ventral fur is entirely gray-based. Its hind foot is less than 14 mm, which is short for the genus.