Dacryopinax spathularia

Dacryopinax spathularia (syn. Guepinia spathularia) is an edible jelly fungus. It is orange in color. In Chinese culture, it is called guihua er (桂花耳; literally "sweet osmanthus ear," referring to its similarity in appearance to that flower). It is sometimes included in a vegetarian dish called Buddha's delight.
A saprobic species, D. spathularia grows on rotting wood; it has even been reported to grow on polyester rugs. It is widely distributed in Asia, and also known from Hawaii, Europe, and South America.