The crude sunflower disc polysaccharide (SDP) was obtained by using ultrasonic assist hot water extraction. Homogeneous SDP was separated by DEAE-cellulose column and Sephacryl S-400 HR column. Its physical properties and antioxidant mechanism was studied. Results showed that extraction yield of SDP was 15.3 %, total sugar was 91.3 %, weight molecular weight (Mw) was7.46 × 103 Da, number-average molecular weight (Mn) was 6.16 × 103 Da and polydispersion coefficient (Mw/Mn) was 1.21. SDP was composed of galactose (Gal), fucose (Fuc), xylose (Xyl), glucose (Glc), arabinose (Ara), rhamnose (Rha), glucuronic acid (Gle-UA) and galacturonic acid (Ga-UA), and the ratio of substance were 1.77∶2.00∶4.55∶8.44∶9.57∶14.26∶2.13∶57.28. Scanning electron microscopy (SEM) and X-ray diffraction (XRD) results showed that smooth surface and structure of SDP was relatively dense, and some crystallization existed, but the crystallization was weak. Two-dimensional structure of SDP showed that the main chain →4)-α-d-GalpA-(1→, →3)-α-l-Araf-(1→, →2)-α-l-Rhap-(1→, →2, 4)-α-l-Rhap-(1→, →2, 4)-α-d-GlcpA-(1→ and →3, 6)-β-d-Galp-(1→ interconnection form. Results of in vitro and in vivo of SDP and its derivatives showed that a good antioxidant activity. In vitro antioxidant activity, the scavenging rates of ABTS+, ·OH, DPPH and superoxide anions were 95.8 %, 93.9 %, 93.6 % and 92.1 %, respectively, when treated with 3.2 mg/mL of SDP solution. The preliminary antioxidative mechanism results showed that SDP had a regulatory effects on the down-regulation of Nrf2, HO-1 and NQO1 proteins in RAW264.7 cells. Preliminary pharmacokinetic analysis showed that the SDP could be absorbed orally and reached its peak concentration in the blood at about 2 h. The content of polysaccharide in blood reached the peak value at 30 min and reached the lowest value at 8 h after intravenous injection.