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Learn about cordyceps , a parasitic fungi with potential health benefits, such as anti-fatigue, anti-aging and anti-cancer properties. Find out the different types of cordyceps , how to eat them and what products to avoid. Cordyceps is a fungus that lives on caterpillars and is used as a medicine in China. It might have some benefits for immunity, cancer, and athletic performance, but it also has some risks and interactions. Cordyceps are medicinal mushrooms with potent biochemical properties and a fascinating ecology. They have been used traditionally for centuries, with high Cordyceps is a genus of parasitic fungi that infect insects and other arthropods. Some species of Cordyceps are used in traditional medicine and dietary supplements for their potential health benefits, including improved energy and endurance.