Cascada El Pailon, also known as El Pailón del Diablo, is a spectacular waterfall located in the Province of Tungurahua in central Ecuador. The name "El Pailon del Diablo" means "Devil's Cauldron" in Spanish, and the waterfall is named for the cauldron-like formation at its base.

The waterfall is formed by the Rio Verde, which drops approximately 80 meters into a deep pool below. The waterfall is surrounded by lush tropical vegetation and towering cliffs, and visitors can reach it by taking a short hike from the nearby town of Baños.

The area surrounding Cascada El Pailon is also known for its diverse flora and fauna, and visitors may be able to spot a variety of bird species, butterflies, and other wildlife. In addition to the waterfall, the area is home to a number of other natural attractions, including hot springs and the Tungurahua volcano.

Visitors can explore the waterfall and surrounding area on their own, or they can book a tour with a local guide. The waterfall is a popular destination for adventure activities, such as canyoning, zip lining, and white water rafting.