A mechanical breaking and fusing combined multi-fracture excitation fuse includes a shell, wherein a cavity is formed in the shell, and at least one conductor penetrates through the shell and penetrates through the cavity; at least one excitation device and one breaking device are arranged in the cavity of the shell; the excitation device can receive an external excitation signal to drive the breaking device to act to break a conductor corresponding thereof to form at least two fractures on the conductor, at least one fuse is connected in parallel onto the conductor. The melt is connected in parallel with at least one fracture, and the melt is connected in series with at least one fracture.