The invention discloses a titanium alloy high-temperature oxidation-resistant fretting-wear-resistant coating material, a coating and a preparation method of the coating. The titanium alloy high-temperature oxidation-resistant fretting-wear-resistant coating material contains hexagonal boron nitride (h-BN), MCrAlYX alloy powder and a binding agent and is composed of 5-30% of hexagonal boron nitride, 0-5% of a binding agent and the balance of MCrAlYX, wherein M is Co, Ni, Fe or alloy thereof, and X is one or combination of more than one of alloy elements such as Ti, Hf, Ta, Nb, Re, Ti and Si. In the preparation method of the coating, high velocity oxy fuel spraying or atmospheric plasma spraying is adopted. The highest use temperature of the coating can reach 1100 DEG C, and the coating can be applied to protection for tenon-mortise structure connecting parts of titanium alloy and high-temperature alloy parts of a fan, a compressor blade, a turbine blade and the like of an aircraft engine, a ground combustion gas turbine and the like.