To better understand their early evolutionary history and origin, we reconstructed their phylogeny using dense taxonomic sampling and a combined dataset of complete mitochondrial genomes and sequences from four nuclear genes. Phylogenetic relationships and divergence times were inferred using Bayesian and Maximum Likelihood approaches and molecular dating analyses on a dataset of 687 ostariophysan species, comprising 21,701 aligned positions, including 15,707 variable sites. We also applied model-based Maximum Likelihood ancestral area reconstruction to investigate the early evolutionary history of Otophysi. Our analyses yielded a highly supported phylogenetic hypothesis for Otophysi, highlighting the role of plate tectonics in driving multiple divergence events, along with subsequent range shifts. These findings are further supported by the contraction of the tropical belt, which began at the end of the Cretaceous and continued throughout the Paleogene.