The invention provides a photochromic composition, product and preparation method of hyperbranched polyurethane vinyl ether. The composition includes polyol, diisocyanate, solvent, catalyst, trihydric alcohol, tetrahydric alcohol, polymerization inhibitor, 4 ‑Hydroxybutyl vinyl ether, leveling agent, defoamer, ultraviolet light absorber, antioxidant, mercaptan and photochromic dye, the composition is coated on the base material, and cured by EB to make optical products. In the present invention, diisocyanate and polyol are pre-polymerized into oligomers, then trihydric alcohols and tetrahydric alcohols are used to polymerize into polyurethane prepolymers with hyperbranched structure, and then 4-hydroxybutyl vinyl ether is used to end-block. The hyperbranched polyurethane containing vinyl ether is obtained, and finally mixed with mercaptan and photochromic fuel to form a radiation-curable composition. The composition has high refractive index, anti-oxidation inhibition and excellent adhesion performance.