EPDM waterproof coating and preparation process thereof, the dry raw materials of the waterproof coating consist of 5-7 parts by weight of EPDM rubber, 10-15 chlorinated polyethylene, and 20-25 parts of recycled rubber , Coumarone resin 2~3, naphthenic oil 5~10, carbon black 5~8, zinc oxide 0.5~0.7, stearic acid 0.1~0.3, sulfur 0.4~0.6, accelerator 0.5~0.9, antioxidant 1~ 3. The waterproof coating uses EPDM rubber, reclaimed rubber and chlorinated polyethylene as the film-forming main body, and is supplemented with various modification additives and fillers, so that the waterproof coating has excellent waterproof performance, anti-aging and cold resistance. , has the advantages of convenient construction and low cost, and its composition and construction meet the requirements of national environmental protection standards. The preparation process has simple steps, is convenient for large-scale industrial production, and the storage performance and service life of the obtained waterproof coating are greatly extended. The waterproof coating can be widely used in waterproof construction of buildings, engineering, vertical surfaces and various types of waterproof base surfaces.