In brain science, neural activity inevitably leads to the fluctuation of cerebral blood flow. Toward comprehensively understanding brain, it is necessary to develop an epidermal electrode that can concurrently monitor the brain’s electrical activity and hemodynamic activity. Here, we report an ultra-conductive and transparent epidermal electrode for simultaneous dual-mode assessment of brain function. The electrode can accurately and imperceivably detect electrophysiological signals and functional near-infrared spectroscopy (fNIRS) optical signals. It is fabricated by two monolayer graphene with confined poly(3,4-ethylenedioxythiophene):poly(styrene sulfonate) (PEDOT:PSS) in between, namely GPG. Its extremely low sheet resistance (20.8 Ω/sq, 3727 S/cm, 129 nm) and high transmittance (∼80%) can be attributed to the more ordered alignment and dense packing of PEDOT due to the nano-confinement effect of bi-layer graphene. The strong π-π interaction between graphene and PEDOT:PSS results in the decreased stacking distance between PEDOT. Leveraging the excellent electrical property and ultrathin nature, this epidermal electrode is able to achieve low skin-electrode impedance and monitor various electrophysiological signals accurately and stably, even if the participant is in motion. Beneficial from the appropriate transparency, it can simultaneously record very weak EEG electrical signals and fNIRS optical signals, enabling dual-model brain activity analysis with high temporal and spatial resolution.