The invention discloses waste polystyrene foamed plastic modified coating which comprises the following ingredients in parts by weight: 100-150 parts of fluorosilicon resin, 50-60 parts of modified waste polystyrene foamed plastics, 50-60 parts of anion powder, 30-40 parts of light calcium carbonate, 30-40 parts of modified CNTs (carbon nano tubes), 30-40 parts of nano-silver, 30-40 parts of calcium hydroxide, 20-30 parts of titanium dioxide, 15-30 parts of coal ash, 15-25 parts of nano-SiO2, 3-5 parts of a surfactant, 1-2 parts of a silane coupling agent and 1-2 parts of a flatting agent. Dueto the application of the modified waste polystyrene foamed plastics in the coating, so that on one hand, the recycling of resources is achieved; on the other hand, the characteristics of the modified waste polystyrene foamed plastics of being hard in texture and good in transmission of light can be utilized, and the flexibility of the plastics is enhanced after the plastics are modified.