The invention discloses an acrossocheilus fasciatus puffing sinking compound feed for cage culture, which is prepared from the following ingredients: 5 to 8 parts of imported super steam brown fish meal, 10 to 20 parts of domestic fish meal, 3 to 5 parts of imported meat and bone meal, 3 to 5 parts of domestic degreased shrimp meal, 3 to 5 parts of corn gluten meal, 5 to 8 parts of yeast powder, 20 to 35 parts of peeled soybean meal, 5 to 12 parts of imported rapeseed meal, 12 to 16 parts of flour, 8 to 10 parts of enzyme collagen short fiber, 1.3 to 1.6 parts of monocalcium phosphate, 0.13 to0.18 part of choline chloride, 1.5 to 2.5 parts of soybean oil, 1.0 to 3.0 parts of soyabean lecithin, 0.5 to 1.5 parts of fresh ginger powder and allicin mixture, 1 part of multi-vitamin mixture, 1part of multi-ore mixture, 0.05 to 0.08 part of antioxidant compound, and 1 to 2 parts of bentonite. The acrossocheilus fasciatus puffing sinking compound feed for cage culture provided by the invention adopts a puffing sinking process, so that the water resisting property of the feed is improved, the pollution of residual feeds in cage culture on water quality is reduced, and the feed coefficientis reduced.