The invention provides an underwater energy dissipation and seismic mitigation device with double umbrella surfaces symmetrical in the horizontal direction, and belongs to the technical field of structural vibration control. The underwater energy dissipation and seismic mitigation device is mainly applied to vibration control of an ocean platform. The underwater energy dissipation and seismic mitigation device comprises a piston rod, a damping cylinder body, a cover plate, a piston, a damping medium, a hinge device, a strut fixing device, a strut and a square blade plate. The energy dissipation and seismic mitigation device is provided with a plurality of energy dissipation systems, when an external structure connected with the energy dissipation and seismic mitigation device vibrates horizontally, the damping cylinder body is fixed, so that when the piston rod moves, the strut fixing device is driven to move, so that the strut is driven to move, the square blade plate is driven by thestrut to slide in water, and certain damping force is provided through counter-acting force provided by the water. In addition, the external structure vibrates to drive the piston rod of the device to axially move, so that the piston is driven to slide in the cylinder body, and viscous damping force is generated. The underwater energy dissipation and seismic mitigation device has good underwaterenergy dissipation capacity, and is flexible and efficient.