The utility model discloses a displacement type soil layered settlement deformation monitoring system. A large sleeve and a small sleeve are matched and connected to form a sleeve group; the plurality of sleeve groups are sequentially connected end to end; each large sleeve is provided with a large sleeve slide groove; one end of each small sleeve is positioned by the corresponding large sleeve and in sliding connection with the corresponding large sleeve in the same sleeve group; a wire distribution disc is arranged and is provided with a plurality of wire distribution disc wire distribution holes; the other end of each small sleeve is fixedly connected with the large sleeve of the next sleeve group by a connection ring; each wire body corresponds to one wire distribution disc; the tail of each wire body is fixedly connected with one wire distribution disc wire distribution hole of the wire distribution disc; and the other wire bodies penetrate through the other wire distribution disc wire distribution holes of the wire distribution disc. The displacement type soil layered settlement deformation monitoring system has the beneficial effects that the settlement or rebound deformation condition of different elevations in a soil body can be monitored; and the soil body deformation can be reflected to the tail end by the wire bodies and the displacement type measurement is realized, and the large-range monitoring requirements are met.