A display panel and a method for manufacturing the display panel are provided. The method comprises forming an array driving layer, a binding terminal, a passivation layer, a covering layer and an electrode layer on a substrate, and applying a half-tone mask to perform a patterning process on the covering layer and the electrode layer, so that the covering layer forms a first covering portion connected to the binding terminal through a first through hole and a second covering portion corresponding to the array driving layer formed on the display area. The electrode layer forms a second electrode portion on the second covering portion.