The present application discloses a display panel and a display apparatus. The display panel includes a substrate, an electrostatic discharge circuit disposed on the substrate and including a voltage gate high terminal (VGH terminal), a voltage gate low terminal (VGL terminal), an electrostatic input end and a common voltage terminal (VCOM terminal) coupled to components of the display panel, a first discharge unit and a second discharge unit, where the first discharge unit includes a first P-type thin film transistor and a second P-type thin film transistor, a gate of the first P-type thin film transistor is connected to a drain of the first P-type thin film transistor, and a gate and a drain of the first P-type thin film transistor are also connected to the VGH terminal, a source of the first P-type thin film transistor is connected to the electrostatic input end, a gate of the second P-type thin film transistor is connected to a drain of the second P-type thin film transistor, and a gate and a drain of the second P-type thin film transistor are also connected to the source of the first P-type thin film transistor, a source of the second P-type thin film transistor is connected to the VGL terminal, an input end of the second discharge unit is connected to the electrostatic input end, and an output end of the second discharge unit is connected to the VCOM terminal.