The invention discloses a lightning arrester. Due to the isolation effect of the series pseudo-spark gap formed by the upper hollow electrode, the middle electrode and the lower hollow electrode arranged at intervals along the axis, the zinc oxide resistance sheet bears a small continuous power frequency when the line is in normal operation. Voltage, when the resistor sheet deteriorates, it will not affect the normal operation of the line. When the line is struck by lightning, the pseudo spark gap will break down, the zinc oxide valve will be turned on, and the current will be introduced into the ground to limit the voltage at both ends of the insulator. And the normal work of the wires can effectively improve the stability of the power supply of the distribution network system under the lightning disaster. The present invention connects the pseudo-spark gap and the zinc oxide valve piece in series as a whole and built it in the sheath sheath. The closed pseudo-spark gap , the discharge voltage is stable, and the reliability is high. In addition, compared with the air gap, the pseudo-spark gap has stronger arc extinguishing ability, faster action, and stronger flow capacity; compared with the vacuum gap, the pseudo-spark gap has smaller ablation.