Libinia ferreirae is often found in association with the jellyfish, Lychnorhiza lucerna. Juvenile crabs are found living within the bell, on the oral arms or clinging to the exterior, even on jellies that have been stranded on the shore. The crabs are mostly less than 3 centimetres (1.2 in) in diameter and probably colonized the jellyfish when they were larvae. The number of jellyfish acting as host is low but increases with the size of the jellyfish and the inhabited ones mostly house a single crab. The crab may be immune to or able to tolerate the jellyfish stings. It is thought that the crab benefits from using the jellyfish as a nursery because free-living, young crabs are eaten by predatory fish. Other benefits of this arrangement to the crab are a potential increase in food supply and transport to new locations. There do not seem to be any benefits to the jellyfish and the arrangement may be deleterious to it if the crab nibbles its interior tissues, as happens in some other crab/jellyfish relationships. At some stage the crab emerges from the bell and falls to the sea bed.[5]
Adult Libinia ferreirae often have faunal epibionts growing on their carapace. These include algae, polychaete worms, sea anemones, barnacles, bryozoans and hydroids.[5] The most common species growing on the carapace was the sea anemone, Calliactis tricolor, which seems to be used by the crabs as camouflage. Bryozoans colonised the legs as well as the carapace.[6]