A touch panel includes an insulative substrate, a first adhesive layer, a first transparent conductive layer, a second adhesive layer, a second transparent conductive layer, a number of first electrodes, a first conductive trace, a number of second electrode, and a second conductive trace. The insulative substrate, the first adhesive layer, the first transparent conductive layer, the second adhesive layer, and the second transparent conductive layer are stacked with each other in that order. The first transparent conductive layer and the second transparent conductive layer are electrically insulated from each other only by the second adhesive layer. The second adhesive layer only covers part of the first transparent conductive layer so that the first transparent conductive layer has at least part exposed. A method for making the touch panel is also related.