The invention relates to MMP response type nanometer adriamycin-indocyanine green carrying hydrogel. A preparation method of the MMP response type nanometer adriamycin-indocyanine green carrying hydrogel comprises the following steps of: (1) preparing nanometer adriamycin granules and nanometer indocyanine green granules by an anti-solvent method, and performing freeze-drying and storage; and (2)accurately weighing a given amount of nanometer adriamycin freeze-dried powder and a given amount of nanometer indocyanine green freeze-dried powder, adding a TEA buffer solution, performing uniform mixing, accurately weighing a given quantity of acrylic ester-hyaluronic acid derivatives (HA-AC), adding the TEA buffer solution, performing uniform mixing, mixing two solutions in a certain proportion, adding an HS-MMP-SH cross-linking agent, performing placing in a thermotank of 37 DEG C, and performing cross-linking to obtain gel. According to the preparation method disclosed by the invention,MMP response type hydrogel is used as a carrier to wrap the nanometer adriamycin and nanometer indocyanine green, the MMP response type nanometer adriamycin-indocyanine green carrying hydrogel is injected into tumor positions in situ, and tumor cells can secrete a large amount of MMP, so that the hydrogel can be responded in the tumor position, degradation is accelerated, and controlled release and slow release of medicines can be realized; and besides, phototherapy and chemotherapy are united, so that the tumor restraining efficiency can be strengthened, and side effects of heart toxicity, skin phototoxicity and the like can be reduced.