The present invention discloses a saturated water explosive device, including a water intake pipe, a flow splitter for splitting a high-pressure liquid, a flow baffle for baffling the high-pressure liquid, a heat receiver having a cavity defined inside, a pillar connected with the heat receiver by a micro-channel wherein the high-pressure liquid is heated to be high-temperature saturated water, and a heat source for heating the cavity. High-pressure water is heated to produce high-temperature high-pressure saturated water, and then by using the saturated water explosive device of the present invention, the produced high-temperature high-pressure saturated water instantaneously explodes as being heated, and a high-temperature high-pressure steam flow is produced due to rapid vaporization, and expansion and is used as a power source.