The operculum of the problematic tubular fossil 'Cupitheca holocyclata' Bengtson in Bengtson et al., (1990) is described for the first time based on collections from South Australia and North China. The phosphatized sub-circular operculum exhibits well defined cardinal processes and a narrow cardinal shield unequivocally demonstrating that 'Cupitheca' is a hyolith, probably an orthothecid. 'C. holocyclata' has an almost global distribution in Cambrian Stages 3-4. The apical structure of the operculum is an elevated, disc-shaped platform with a concave base and a marginal rim that could represent the scar of a specialized larval attachment structure, perhaps anchoring the larval hyolith to a sediment grain, algae or other benthic substrate. 'Cupitheca' probably had a pelagic larval stage and settled on the seafloor by attachment of the apical disc to suitable substrates before developing a free-living benthic adult lifestyle. This contrasting mode of life compared to other hyolith genera suggests that the group had already evolved a range of distinct lifestyles in the Cambrian, providing significant clues into their ecology and distribution.