An electrostatic discharge circuit and a display panel are provided. The electrostatic discharge circuit comprises a first discharge unit, a second discharge unit and a third discharge unit. The first discharge unit comprises a first transistor and a second transistor, and a source of the first transistor is connected to a high level terminal. The gate and drain of the first transistor and the gate and drain of the second transistor are connected to an electrostatic input terminal. A source of the second transistor is connected to a low level terminal. An input terminal of the second discharge unit is connected to the electrostatic input terminal, an output terminal of the second discharge unit is connected to a common terminal. An input terminal of the third discharge unit is connected to the electrostatic input terminal, an output terminal of the third discharge unit is connected to the common terminal.