Abstract: A deformable archery toy may include an annular rotating arm, a rotating shaft sleeve, an unfolding arm body A, an unfolding arm body B and a connecting arm body, wherein one end of the annular rotating arm is rotatably connected with the grip connecting arm, one end of the grip connecting arm far away from the annular rotating arm is fixedly connected with the unfolding arm A, one end of the unfolding arm A far away from the grip connecting arm is clamped with the string connecting sleeve block A, one end of the annular rotating arm far away from the grip connecting arm is fixedly connected with the unfolding arm B. In this invention, the whole archery toy could be effectively folded, the archery toy could be changed from the archery bow to the slingshot, so that the dual-purpose function could be effectively achieved.