Disruption prediction has made rapid progress in recent years, especially in machine learning (ML)-based methods. If a disruption prediction model can be interpreted, it can tell why certain samples are classified as disruption precursors. This allows us to tell the types of incoming disruption for disruption avoidance and gives us insight into the mechanism of disruption. This paper presents a disruption predictor called interpretable disruption predictor based on physics-guided feature extraction (IDP-PGFE) and its results on J-TEXT experiment data. The prediction performance of IDP-PGFE with physics-guided features is effectively improved (true positive rate = 97.27%, false positive rate = 5.45%, area under the ROC curve = 0.98) compared to the models with raw signal input. The validity of the interpretation results is ensured by the high performance of the model. The interpretability study using an attribution technique provides an understanding of J-TEXT disruption and conforms to our prior comprehension of disruption. Furthermore, IDP-PGFE gives a possible mean on inferring the underlying cause of the disruption and how interventions affect the disruption process in J-TEXT. The interpretation results and the experimental phenomenon have a high degree of conformity. The interpretation results also gives a possible experimental analysis direction that the resonant magnetic perturbations delays the density limit disruption by affecting both the MHD instabilities and the radiation profile. PGFE could also reduce the data requirement of IDP-PGFE to 10% of the training data required to train a model on raw signals. This made it possible to be transferred to the next-generation tokamaks, which cannot provide large amounts of data. Therefore, IDP-PGFE is an effective approach to exploring disruption mechanisms and transferring disruption prediction models to future tokamaks.