Leptocephali are the unique larvae of eels and their relatives of the teleost superorder Elopomorpha that have remained poorly understood despite their ubiquitous presence at tropical to temperate latitudes. This review examines recent advancements in understanding the behavioral ecology and distribution of leptocephali. Their regional distributions and abundance are determined by when and where the adults spawn and seemingly if the larvae use active behavior for retention, passively drift, or swim actively to facilitate recruitment, but there is little direct evidence about their possible use of dispersal/retention or swimming behaviors. They typically reside within or above the thermocline at night offshore (< 100 m), some vertically migrate deeper during daytime (< 300 m), and they may move considerably deeper near continental shelves, but some also reside at the surface, and there may be taxonomic differences in vertical distributions. At what depths or times of day they feed on marine snow-associated materials is unclear. The extreme transparency of leptocephali and use of shape-change behaviors or expandable chromatophores along with their gut swellings or external appendages may be adaptations for reducing predation rates through Batesian mimicry of gelatinous zooplankton. Many questions remain about their behavior and ecology, but the basic strategy of the leptocephalus larval form appears to be based on feeding on readily available marine snow, behavioral abilities and morphological features to reduce predation, a body filled with transparent gelatinous energy reserves for active swimming, and growth to large sizes that enable recruitment at larger sizes than typical fish larvae.