The invention discloses a starch binder consisting of the following raw materials: lignosulfonate, styrene, nano diatomite, epoxidized soybean oil, acrylic ester, acrylic acid, sodium persulfate, sodium allyloxy hydroxypropyl sulphonate, starch, sodium hydroxide, borax, modified wood ash, and water; as well as water-soluble nanoscale silica sol, ammonium polyacrylate, polyethylene glycol, zinc powder, waterborne polyurethane, sodium laurate, sodium bicarbonate and water. The starch binder is stable in quality, strong in binding power, good in tensile force, fast to dry without foaming, and capable of comprehensively improving all properties of a corrugated carton; as the modified wood ash is added, the damage of water molecules to the binder is effectively decreased, and the water resisting property of the binder is greatly increased; and as the hydrophilic performance of the binder is decreased, the binder has a good characteristic of being fast to dry, thereby being beneficial to use on a high-speed production line of the corrugated carton.