Libertad were the champions, claiming their second Copa Paraguay title by beating Sportivo Trinidense on penalty kicks after a 1–1 draw in the final.[2] As winners, Libertad were entitled to earn a berth into the 2024 Copa Libertadores, however since both finalists qualified for that competition via league performance, that berth was awarded to the third-placed team, Nacional.
Sportivo Ameliano were the defending champions, but were eliminated by Sportivo Trinidense in the quarter-finals.
Format
Although the Copa Paraguay kept the number of participating clubs and format used in 2022, the Paraguayan Football Association (APF) confirmed that starting from this edition, the champions will qualify for the following year's Copa Libertadores, taking the Paraguay 4 berth in the competition, except if they have already qualified via league performance or play in a tier other than Primera División, in which case that right will go to the cup runners-up or third-placed team (or best-placed team in the Primera División's aggregate table if the runners-up or third-placed team also meet any of those conditions, in that order).[3]
For the first stage, the Football Union of the Interior (UFI) clubs were paired according to their geographical location into seven single-legged ties and a triangular group with the remaining three teams, with the winners of the seven ties and the top two teams of the triangular advancing to the next round. The 17 Primera B clubs were drawn in a similar arrangement to the UFI zone except that the ties were decided by a draw, while the 12 Primera C clubs were drawn into six single-legged ties. Nine Primera B teams, six Primera C ones, and nine UFI ones advanced to the next round, where they were joined by the 16 División Intermedia clubs. The 40 clubs competing in the second stage were drawn into 20 single-legged ties, with the winners advancing to the third stage where they were drawn against the 12 Primera División clubs. The 16 third stage winners will advance to the round of 16.[4] Ties in all rounds will be played on a single-legged basis, with a penalty shootout deciding the winner in case of a draw.
Teams
The 2023 edition will have a total of 74 participating teams:
The schedule for the first third stage matches was announced by the APF on 5 July 2023. Matches in this round were played from 11 July to 16 August 2023.[7][8]
The schedule for the first round of 16 matches was announced by the APF on 14 September 2023. Matches in this round were played from 19 to 28 September 2023.[9]
The schedule for the quarter-final matches was confirmed by the APF on 6 October 2023. Matches in this round were played from 11 to 26 October 2023.[10]
On 23 October 2023, the APF announced that the final would be played at Estadio Parque del Guairá in Villarrica.[12] The match, originally scheduled for 29 November 2023, was later rescheduled to 2 December 2023 due to adverse weather conditions.[13]