The application discloses a display panel and a
display device. The display panel comprises a first substrate, a pixel layer and a second substrate which are sequentially stacked, and a plurality of pixel units are arranged in the pixel layer. The pixel unit comprises an isolation wall, a first
electrode, a second
electrode and a stretchable
capsule. The stretchable
capsule is filled with a second solution. The second solution contains a colorant and an
ion intercalation material. By accurately controlling the
voltage and current applied by the
electrode, the degree of electrochemical reaction can be adjusted, and the dynamic regulation of the expansion and contraction state of the stretchable
capsule can be realized. Since the colorant cannot pass through the capsule wall of the stretchable capsule, the
volume change of the stretchable capsule can directly change the distribution of the colorant, so as to change the optical
reflectivity or color display effect of the pixel unit. By adjusting the expansion degree of the stretchable capsule, the space proportion of the colorant in the
accommodation cavity can be accurately controlled, and the fine regulation of the gray scale level can be realized, so that the pixel unit presents multiple gray scales.