Liquid-immersed Transformer has the characteristics of good heat dissipation, low loss, large capacity, and low cost. It has become the most widely used power transformer in the power grid. Its reliability is directly related to the safety and stability of the power grid. The Liquid-immersed Transformer adopts a solid-liquid composite insulation structure. At present, a conventional oil-paper insulation system consisting of cellulose insulating paper and mineral insulating oil is often used. The safety and reliability of the insulation system is the basic condition for the normal operation of the transformer. During the long-term operation of the oil-immersed transformer, the insulation system is gradually aging due to the influence of temperature, oxygen, moisture, and other factors.