The invention discloses a hippocampus rheumatalgia-relieving ointment. The ointment is prepared from the following raw materials: sangusis draconis, ground beetle, radix angelica sinensis, flos carthami, rhizoma homalomenae, chinese hydrangeavine root-bark, radix aconiti, radix aconiti kusnezoffii, cortex eucommiae, hippocampus, rhizoma seu radix notopterygii, radix angelicae pubescentis, radix clematidis, radix cyathulae, bungarus multicinctus, hair, szechuan lovage rhizome, radix aconiti carmichaeli, herba lycopodii, herba schizonepetae, radix saposhnikoviae, rhizoma nardostachyos, sappanwood, radix gentianae macrophyllae, radix stephaniae tetrandrae, and rhizoma atractylodis. According to the ointment, various traditional Chinese medicines are taken as the raw materials; the raw materials are scientifically mixed and achieve a synergistic effect; and the ointment can activate blood for removing stasis, dispel wind for removing cold, promote human body microcirculation and heal local diseases on the whole, enables the diseases to difficultly relapse and is worthy of popularization.