In order to solve the problems that the traditional SPD life alarm characterization method can not clearly correspond to the real life state of SPD, and the remaining life model characterized by a single degradation related parameter has poor predictability, a multi-parameter SPD life remote monitoring system based on STM32 is designed. With STM32 as the main controller, the important parameters such as surge current, leakage current, surface temperature and tripping status of SPD are collected in real time, and the status information is uploaded to the One net cloud platform through the BC20 wireless communication module. The One net cloud platform displays and stores the multi-parameter data of SPD in real time, and provides data management and analysis. The SVM classification model is used to judge whether SPD is damaged and the BO-LSTM prediction model is used to predict the remaining life of SPD. Based on the positioning function of BC20, the real-time geographic location of SPD can be viewed on the host computer. The results show that the root mean square error and average absolute error of the BO-LSTM prediction model are 0.001 3 and 0.001 8, and the system can monitor the SPD status in real time, effectively predict the remaining life value of SPD, and give early warning in time.