The invention provides an environment-friendly grass carp feed and belongs to the technical field of fish feed processing. The environment-friendly grass carp feed is obtained by processing the following components in a certain mass ratio: rice straw powder, soybean cakes, fish meal, rice bran, leather meal, seabuckthorn seed meal, bagasse powder, beer yeast powder, bone meal, clamshell powder, cement grey, alpha-starch, sodium polyacrylate, a fishy agent, table salt, a vitamin additive and a traditional Chinese medicine additive, wherein the traditional Chinese medicine additive is mainly prepared from humifuse euphorbia herb, radix stemonae, bunge corydalis herb, Chinese gall, Brucea javanica, common carpesium fruit, gentian, athyrium sinense, luffa seeds, anemone tomentosa root, bitter bamboo leaves, cortex lycii radicis and aster. The environment-friendly grass carp feed is balanced and comprehensive in nutrition, and the traditional Chinese medicine additive is added, so that disease resistance of grass carps can be enhanced, and survival rate is improved; meanwhile, palatability is good, conversion ratio is high, food intake of the grass carps can be increased, growth of the grass carps is accelerated, utilization rate of the feed is improved, feed feeding amount is reduced, feeding cost is reduced, and farming water can be prevented from being destructed by feed residue.