The disclosure discloses a co-rotating dual speed multi-screw extruder and a processing method thereof, the co-rotating dual speed multi-screw extruder enables a first screw and a second screw with the same outer diameter to co-rotate at different speed in a barrel, and the two screws wipe with each other, to achieve self-cleaning in processing; and circular arcs meshed with each other are respectively arranged between root diameters and top diameters of the two screws to form a first step structure and a second step structure, thus breaking an axial symmetry of a cross-sectional contour of the screws, and moreover, the first step structure and the second step structure are periodically meshed in a meshing zone in a staggered manner, so that a flow channel in the meshing zone is changed in a topological way, a strong elongation action and a strong disturbance action are effectively introduced in the meshing zone.