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Many facts and statistics in regards to the blobfish are unknown due to its rarity. Blobfish are rarely caught and have rarely been studied by scientists, meaning there is virtually nothing known about the species such as its feeding habits or reproductive habits. The blobfish is presumed to be made up primarily of a muscle free gelatine style mass that allows it to best the deepest and most powerful pressures of the sea bed. Its presumed diet is that of edible plant life and mass that it can catch within its range.

It was once a prominent sight among trawler fishermen as they often were caught accidentally by deep sea fishermen who were attempting to catch crab and lobster. The blobfish however has since seen a massive decline in numbers and is currently on the verge of extinction due to accidental overfishing. It is also non edible, meaning when it is caught in such fishing trawlers, if it is not dead or injured it can be returned to sea. Of course, this is an unlikely occurrence.

The only conservation effort that has been implemented to save the blobfish is an attempted ban or halt on deep sea trawling and fishing, but this has not yet came to pass. The last time the blobfish was prominently sighted or reported was in 2006. With almost five years since then, it is a potential risk that the blobfish could already be extinct or if it does in fact still exist, its numbers are probably smaller than ever due to the large amount of deep see trawling that still plagues the waters in which it inhabits.