The invention relates to an intumescent flame retardant, and a synthesis method and an application thereof, and concretely relates to a three-sources-integrated intumescent flame retardant, and a synthesis method and an application thereof. The problems to be solved are low flame retardation efficiency, poor thermal stability and difficulty in processing of existing intumescent flame retardants. The three-sources-integrated intumescent flame retardant is a methylphosphonic acid-piperazine-neopentyl glycol phosphate oligopolymer. The method comprises the following steps: 1, heating piperazine and distilled water, adding saturated methylphosphonic acid, and carrying out heating, reacting, concentrating and drying to obtain a white crystal intermediate di-methylphosphonopiperazine; and 2, adding neopentylene glycol and a solvent, carrying out heating, adding the white crystal intermediate di-methylphosphonopiperazine, heating the obtained solution to reflux the solution, cooing the refluxed solution, carrying out suction filtration and washing, and drying the obtained product to obtain the three-sources-integrated intumescent flame retardant. The flame retardant has the advantages ofgood char forming performance, high thermal stability, and high-efficiency flame retardation to polyethylene resin, and the preparation method has the advantages of mild reaction conditions, simplicity in operation, and safety. The flame retardant is used for realizing the flame retardation of the polyethylene resin.