Futaleufú is a Chilean town and commune located in Palena Province, Los Lagos Region. The commune is named after Futaleufú River, a Mapudungun word meaning "Big River". Following the eruption of Chaitén Volcano and the subsequent destruction of Chaitén, Futaleufú has been the capital of Palena Province since March 2009. The town is close to the Argentine border and has a population of about 2,000.