collared parachute

The cap of the fruit body is thin and membranous, measuring 3 to 20 mm (1⁄8 to 3⁄4 in) in diameter. It has a convex shape slightly depressed in the center, conspicuous furrows in an outline of the gills, and scalloped edges. Young, unexpanded caps are yellowish brown; as the cap expands, the color lightens to whitish or light pinkish-white, often with a darker, sometimes brown center. The variety fusca has brown caps. The white or slightly yellowish flesh is very thin, reaching about 0.25–1.5 mm thick in the central part of the cap, and even thinner at the margin. Gills are attached to a collar, never to the stem, although some specimens have the collar pressed close enough to it that this characteristic may be less obvious. Widely spaced, they have the same whitish to pale yellow color as the flesh, and typically number between 16 and 22. They are initially narrow, but thicken downward to about 1–3 mm at the exposed edge. The stem is 1.2 to 8 cm (1⁄2 to 3 in) long and up to 0.15 cm (0.06 in) thick, with a smooth, sometimes shiny surface. It is tough, hollow, and either straight or with some curving. The color is blackish-brown up to a lighter, almost translucent apex. The base of the stem may be connected to dark brown or black root-like rhizomorphs 0.1–0.3 mm thick. …

Marasmius rotula grows in deciduous forests and fruits in groups or clusters on dead wood (especially beech), woody debris such as twigs or sticks, and occasionally on rotting leaves. The fruit bodies, which are easily overlooked because of their diminutive size, are often present in abundance after rains. The fungus is widespread and common in its preferred habitats in North America, Europe, and northern Asia. Although far less common in southerly locations, isolated collections have been reported from Africa (Congo, Nigeria, Sierra Leone, and Tanzania) and South Asia (India). In North America M. rotula is most common in the eastern part of the continent.

Marasmius rotula is a saprobic species and as such obtains nutrients by decomposing dead organic matter. The species is relatively intolerant of low water potentials, and will grow poorly or not at all under water stress conditions. It is unable to degrade leaf litter until it becomes more fragmented and more compacted so that the water-holding capacity increases in the deeper layers of the soil. The magnolia warbler has been noted to line its nests with the fruit bodies' stems.

In 1975 the American mycologist Martina S. Gilliam investigated the periodicity of spore release in M. rotula and concluded that spore discharge did not follow a regular circadian rhythm, as is typical of agaric and bolete mushrooms, but rather was dependent on rain. A threshold of rainfall is required to elicit a spore discharge response and the duration of peak spore discharge correlates with the amount of rainfall, rather than its duration. Furthermore, Gilliam noted that spore prints were more readily obtained if the stem ends were placed in water, suggesting that water must enter through the fruit body for discharge to occur. Like those of many other species of Marasmius, the fruit bodies of M. rotula can desiccate and shrivel in dry periods, then revive when sufficient moisture is available again in the form of rain or high humidity. …

Marasmius rotula is generally considered inedible, but is not poisonous. The mushroom has no distinguishable odor, and its flavor varies from bland to bitter. Louis Krieger, writing in National Geographic in the 1920s, noted that the mushroom was used as an addition to gravies and, when used to garnish venison, "adds the appropriate touch of the wild woodlands". The fruit bodies will bioaccumulate cadmium: a study of the metal concentration of 15 wild mushroom species of India showed that M. rotula accumulated the highest concentration of that metal. A peroxidase enzyme known as MroAPO (Marasmius rotula aromatic peroxygenase) is attracting research interest for possible applications in biocatalysis. In general, enzymes that catalyze oxygen-transfer reactions are of great utility in chemical synthesis since they work selectively and under ambient conditions. Fungal peroxidases can catalyze oxidations that are difficult for the organic chemist, including those involving aromatic substrates such as aniline, 4-aminophenol, hydroquinone, resorcinol, catechol, and paracetamol. The M. rotula enzyme is the first fungal peroxygenase that can be produced in high yields. It is highly stable over a wide pH range, and in a variety of organic solvents. The enzyme has other potential for use as a biosensor for aromatic substances in environmental analysis and drug monitoring.