Eleven compounds have been isolated for the first time from Daphne mucronata ly, cinnamic acid (1), 7,8-dimethoxycoumarin (2), 7,8-dihydroxycoumarin (3), lupeol (4), 8 .n (5), betulin (6), 5,6,7,8,3`,4`-hexamethoxyflavone (7), 5-hydroxy-3,6,7,4` thoxyflavone (8), 5,7,3`,4`-tetrahydroxyflavone (9), stigmasterol 3-0-(β-D-glucopyranoside and 5,3`,4`-trihydroxyflavone 7-O-β-D-glucopyranoside (11), respectively. Their structures have elucidated by EI-MS, HR-EI-MS, FAB, HR-FAB-MS, 1H-NMR and 13C-NMR spectroscopic Compounds 9 and 11 showed moderate antioxidant activity while other compounds were weakly active.