The Lomography Fisheye No. 2 is a creative 35mm point-and-shoot film camera. It features a fixed-focus 10mm f/8 fisheye lens that captures an ultra-wide 170-degree field of view, producing uniquely distorted, circular images on a standard 35mm frame.

Designed for experimental shooting, it includes a multiple exposure switch to easily layer images without advancing the film, as well as a "Bulb" shutter setting for long exposures. The camera is equipped with a built-in electronic flash, a hot shoe mount for synchronizing an external flash, and a dedicated optical fisheye viewfinder. It utilizes a manual thumbwheel for film transport, and the built-in flash operates on a single standard AA battery.