A method for clearing DC faults in a current transfer multilevel convert topology belongs to the field of flexible HVDC technology, based on the topology of half-bridge multilevel converter, A current transfer type modular multilevel converter topology is established by using the energy absorption branch and the bridge arm transfer branch. The converter is quickly disconnected from the fault linethrough the cut-off branch, and then the fault current is absorbed through the bridge arm transfer branch and the energy absorption branch, so that the DC fault can be quickly cleared. The method transfers and clears the DC side short-circuit fault current of the converter through the cooperation of each branch in the current transfer type modular multi-level converter topology, and has good economy and strong practicability.