A display panel includes a frame region and a display region. The frame region includes a substrate, a base layer, a voltage signal trace, a planar layer, and a lead-out trace, and a packaging layer. The packaging layer extends to an outer side of the planar layer and is connected to the substrate. The display region includes an anode, and the lead-out trace extends outward from a side of the anode and overlaps the voltage signal trace. A length of an overlapping portion between the lead-out trace and the voltage signal trace is greater than a length of an orthographic projection of the overlapping portion on the substrate.