The invention belongs to the field of 
marine organism small-molecular active peptides, and particularly relates to an anti-oxidation and DPP-IV inhibition active 
peptide derived from 
apostichopus japonicus by enzymolysis. The 
amino acid sequence of the anti-oxidation and DPP-IV inhibition active 
peptide is Ser-Arg-Pro-Gln-Tyr-Pro-Gln-Tyr-Pro-Ser. The anti-oxidation and DPP-IV inhibition active 
peptide is prepared by the following steps: adding water into fresh 
apostichopus japonicus for homogenizing, and placing the homogenate in an enzymolysis tank; performing enzymolysis with compound 
protease to obtain enzymatic 
hydrolysate; treating the enzymatic 
hydrolysate with a membrane 
separation technology to obtain a small-molecular active peptide crude product; separating the crude product through 
Sephadex LH-20 to obtain a small-molecular active peptide. The purity of the small-molecular active peptide as measured by adopting RP-HPLC (Reversed-Phase 
High Performance Liquid Chromatography)is greater than 95 percent, and the 
amino acid composition of the active peptide is measured by 
high performance liquid chromatography / 
mass spectrometry, so that the 
amino acid sequence of the small-molecular peptide is determined finally. The active small-molecular peptide derived from the 
apostichopus japonicus has the advantages of small molecular weight, simple separating-purifying steps, easiness in preparation, high purity and higher oxidization resistance and DPP-IV inhibition activity, has the characteristics of naturalness, safety and high efficiency, can be applied to the preventionand treatment of relevant diseases such as 
diabetes mellitus as an 
antioxidant as well as a DPP-IV inhibitor, and has a wide application prospect in the fields of foods, health care products and medicines.