The invention provides a fuse structure provided with drilling electrode and die coating and a manufacturing method thereof. The fuse structure provided with drilling electrode and die coating comprises a substrate, a smelting part, two electrode parts and a protector; wherein the two electrode parts are provided with an arc electrical end face, the arc electrical end faces are extended to the end parts of the front and the back of the smelting part and are electrically connected with a first metal film of the smelting part, and the two electrode parts are formed by the way that a third metalfilm and a fourth metal film are formed on the first metal film; and the protector is provided with die coating formed in high pressure moulding applying and has high compressive resistance and explosionproof characteristic.