Adults begin to reproduce once they attain a size of 2 to 3 meters (female) or 1.5 to 1.7 meters (male). They reproduce once per year but childbirth is biennial since the females get pregnant every other year. The reproduction method is Viviparous which means the pups develop inside of the mother. There is evidence that the reproduction method is aggressive and violent since many female Caribbean Reef Sharks have been found with deep wounds on their sides during mating season. These wounds are caused by bites and heal in time leaving large and highly visible scars.
A profitable ecotourism industry has arisen around this species involving organized "shark feeds", in which groups of reef sharks are attracted to divers using bait. Some US$6,000,000 is spent annually on shark viewing in the Bahamas, where at some sites a single living Caribbean reef shark has a value between US$13,000 and US$40,000 (compared to a one-time value of US$50–60 for a dead shark).[14] This practice has drawn controversy, as opponents argue that the sharks may learn to associate humans with food, increasing the chances of a shark attack, and that the removal of reef fishes for bait may damage the local ecosystem. Conversely, proponents maintain that shark feeds contribute to conservation by incentivizing the protection of sharks and educating people about them. Thus far, there has been little evidence that shark feeds have increased the risk of attack in the surrounding area.[8][15] Shark feeding has been outlawed off the coast of Florida, but continues at other locations in the Caribbean.[4]
Living in warm shallow waters often near coral reefs in the Western Atlantic, from Florida to Brazil, the Caribbean reef shark (Carcharhinus perezi) is the most abundant shark in the Caribbean. It feeds mostly on bony fishes and rarely attacks humans. Despite the shark's abundance in some regions, it has a high mortality rate from bycatch and is sought by commercial fisheries for its fins and meat. It is illegal to catch Caribbean reef sharks in U.S. waters. The International Union for the Conservation of Nature (IUCN) lists the species' status as "Near Threatened."

The Caribbean reef shark was originally described from off the coast of Cuba as Platypodon perezi by Poey in 1876. Bigelow and Schroeder later described the same species as Carcharhinus springeri in 1944 and the reef shark appears in much literature under this scientific name. The genus name Carcharhinus is derived from the Greek “karcharos” = sharpen and “rhinos” = nose. The currently accepted valid name is C. perezi (Poey 1876).
Although they only grow to about 1.6 to 3 meters (5 to 10 feet) in length, these sharks are the apex predators on the very delicate coral reefs. That means, around coral reefs, they are the top of the food chain. The significants of this goes largely unnoticed, but theWorld Wildlife Fund has classified the Reef Shark as one of the most important species on the entire planet!

Socially, they are mostly loners unless living in a threatening ecosystem. These are the first and the only species of sharks that are known to “sleep” on the ocean floor or within reef caves. It is believed that these sharks are not actually sleeping but merely resting. These sharks have actually been given the nickname “sleeping sharks” because of their habit of lying motionless at the sea bottom. This is a somewhat unusual and unique behavior of these sharks.
On the infrequent occasions when they swim in oceanic waters, grey reef sharks often associate with marine mammals or large pelagic fishes, such as sailfish (Istiophorus platypterus). There is an account of around 25 grey reef sharks following a large pod of bottlenose dolphins (Tursiops sp.), along with 25 silky sharks (C. falciformis) and a single silvertip shark.[13] Rainbow runners (Elagatis bipinnulata) have been observed rubbing against grey reef sharks, using the sharks' rough skin to scrape off parasites.[14]
Like all sharks, the blacktip reef shark has exceptional sensory systems. From there keen sense of smell to having the ability to see in low light condition, these adaptation have made them prestige at tracking down there prey. Sharks also have an additional sixth sense where they can sense electromagnetic fields in the water. The ampullae of Lorenzini, located in the snout region, enable a shark to detect its prey without physically seeing it.

^ Garla, R.C.; Chapman, D.D.; Shivji, M.S.; Wetherbee, B.M.; Amorim, A.F. (2006). "Habitat of juvenile Caribbean reef sharks, Carcharhinus perezi, at two oceanic insular marine protected areas in the southwestern Atlantic Ocean: Fernando de Noronha Archipelago and Atol das Rocas, Brazil". Fisheries Research. 81 (2–3): 236–241. doi:10.1016/j.fishres.2006.07.003.

There is a variety of biotic reef types, including oyster reefs and sponge reefs, but the most massive and widely distributed are tropical coral reefs. Although corals are major contributors to the framework and bulk material comprising a coral reef; the organisms most responsible for reef growth against the constant assault from ocean waves are calcareous algae, especially, although not entirely, coralline algae.