The invention discloses a colloidal emulsion explosive for high detonation velocity deep water blasting, which comprises the following components: main oxidant, auxiliary oxidant, reducing agent, water, additive, emulsifier, sensitizer, density regulator, crystal shape modifier, Stabilizer, foaming agent, sensitization aid, flame suppressant, adhesive, the explosive has high detonation velocity, good detonation performance, high safety, low production cost, no poison and no pollution.