It is composed mainly of a second-magnitude star which is the alpha star and third-magnitude stars, and has no stars with unique names.
There are also many double stars.
There is the record of a very bright nova that appeared in the 11th century, which illuminated the ground at night.
In ancient times, it was considered part of the constellation Centaurus.

A constellation representing the figure of the wolf. It is adjacent to the of the constellation Centaurus. It was originally the constellation of the half-man animal that existed in the ancient Mesopotamian period, and it was adjacent to the constellation of Kusarikku, the half-bull demon, a follower of the sun god.

In ancient Greece, it was regarded as a beast that Centaurus grasps with his right hand and was recognized as part of the constellation Centaurus.

Later, Ptolemy, an astronomer during the Roman Empire, made the part of the beast independent as a constellation.
Later, in the 13th century, the Southern Sky beast was named 'Lupus.'
The constellation chart shows Lupus speared by Centaurus.

Some believe that Lupus is Lycaon, the king of Arcadia in Greek mythology.
At a banquet with the gods, Lycaon served human flesh disguised as beef, incurring the the wrath of Zeus and being transformed into a wolf.
Lycaon is also the father of Callisto, who became Ursa Major.