A dynamic receiver for an earphone is provided. The dynamic receiver has a Helmholtz resonance space provided on a protector. The dynamic receiver includes: a frame; a magnetic circuit disposed in the frame; a vibration system disposed in the frame and configured to generate sound by a mutual electromagnetic force with the magnetic circuit; and a protector coupled to the frame and configured to protect components disposed in the frame. The protector includes a sound emitting hole passing through the protector and emitting sound generated in the frame to the outside, and a resonance space defined on a top surface of the protector.