The more common species is just called the red-eyed tree frog (Agalychnis callidryas). It is a striking frog, with red eyes, green mostly, some striping along the sides and even some orange bits. They can also have a number of white spots scattered on the back mostly.
This is one of the most widely known tropical frogs as photos of it have been published in books and articles everywhere. Gorgeous animal, and a great poster-frog for the neo-tropical rain forests. Here is one climbing up soon after dark to get to its perch.
But then there is the second species, the gliding red-eyed tree frog (Agalychnis spurrelli). This similar species does not have the striping and has more yellow highlights rather than orange. But the big thing is that this frog has big webbing between the toes and can use that to leap off a tree and spread out and actually glide to another tree or the ground. Very cool adaptation, and another beautiful frog.