The invention mainly relates to the technical field of feed processing, and discloses a fry feed for improving the survival rate of snakeheads. The feed is prepared from the following raw materials: corn flour, wheat middling, black bean meal, blood powder, fish meal, shrimp meal, chicken powder, beef powder, fruit-vegetable powder, an additive, bacillus natto and lactobacillus. The raw materialsare rich and balanced in nutrients, so that the digestive absorption of snakehead fry is promoted, and the survival rate of the fry reaches 91.6%, and a feed conversion ratio is 1.21, and the breedingefficiency of snakeheads is obviously improved. The feed is inoculated with the bacillus natto, and a wet feed is subjected to natto fermentation so as to generate rich enzyme substances, promote thedigestive absorption of the fry, improve the metabolism of the fry, and accelerate growth and development. After the natto fermentation, the blood powder, the fish meal, the shrimp powder, the chicken powder, the beef powder and the fruit-vegetable powder are added to the feed, and the obtained feed is inoculated with the lactobacillus and subjected to low-temperature fermentation so as to reducethe pH value of the raw materials, facilitate the gastrointestinal functions of the fry, generate a large amount of micromolecular nutrients and fragrance components, promote digestive absorption, enhance the organ functions of the fry, and improve the survival rate of the fry.