The invention relates to a preparation process of a multi-performance paint based on an ultrathin coating. The preparation process sequentially comprises the steps of dispersing and stirring a slurry addition agent, evenly mixing a base material with a paint material, adding, mixing and stirring. The preparation method solves the technical defects that in the prior art, the paint is large in coating thickness, low in bonding force, less in fire resistance, corrosion resistance functions and the other functions, poor in effects and the like, thus the prepared paint has multiple functions of high adhering force, excellent electric insulation performance, corrosion resistance, rust resistance, mildew resistance, heat resistance, abrasion resistance and the like, and simultaneously has low-cost market competition. The preparation method is characterized in that the water-proof property, crazing resistance property and metal base body adhering force of the paint product are improved obviously, the base material achieves the fire resistance effect obviously, and the beneficial effect of aging resistance performance of the product in the high-temperature working state is achieved.