This adorably unusual creature is in fact called piglet squid, though if you intend to be more scientific, you can call him Helicocranchia pfefferi. This little guy was captured by a group of deep-sea explorers near the Palmyra Atoll at about 4,544 feet listed below the surface in the Pacific Ocean.

The researchers found the creature using a remotely operated underwater vehicle

The scientists were totally fascinated by this beautiful animal. “It’s like a bloated squid with small tentacles and a little hat that’s waving around,” one of the notes. “I’ve never seen anything that appears like this before.”

Turns out, this cutie was first found back in 1907. Piglet squid has the ability to regulate its buoyancy via an ammonia-filled internal chamber, a relatively usual chemical on Earth that can be harmful to people in high concentrations.

Apparently, when piglet squids are young, they live near the sea’s surface. Later, they descend to the depths of the sea called the twilight zone, which is 650 to 3,300 feet deep.