<jats:title>SUMMARY</jats:title> <jats:p>Traditionally, critical swimming speed has been defined as the speed when a fish can no longer propel itself forward, and is exhausted. To gain a better understanding of the metabolic processes at work during a Ucrit swim test, and that lead to fatigue, we developed a method using in vivo31P-NMR spectroscopy in combination with a Brett-type swim tunnel. Our data showed that a metabolic transition point is reached when the fish change from using steady state aerobic metabolism to non-steady state anaerobic metabolism, as indicated by a significant increase in inorganic phosphate levels from 0.3±0.3 to 9.5±3.4 mol g–1, and a drop in intracellular pH from 7.48±0.03 to 6.81±0.05 in muscle. This coincides with the point when the fish change gait from subcarangiform swimming to kick-and-glide bursts. As the number of kicks increased, so too did the Pi concentration, and the pHi dropped. Both changes were maximal at Ucrit. A significant drop in Gibbs free energy change of ATP hydrolysis from –55.6±1.4 to –49.8±0.7 kJ mol–1 is argued to have been involved in fatigue. This confirms earlier findings that the traditional definition of Ucrit, unlike other critical points that are typically marked by a transition from aerobic to anaerobic metabolism, is the point of complete exhaustion of both aerobic and anaerobic resources.</jats:p>