Disclosed is a derrick vertically transported truck-mounted drilling rig. The derrick vertically transported truck-mounted drilling rig comprise a truck body, a hydraulic lifting system, a base, a derrick, a support platform, a traction mechanism and a tractor, wherein the truck body is connected with the tractor through the traction mechanism; the base is connected with a front truck body and a rear truck body through bolts; the derrick is fixed onto the base through the support platform; the hydraulic lifting system comprises an axle hydraulic lifting device, a trailer hydraulic lifting device and a derrick hydraulic lifting device. A transportation manner of the derrick vertically transported truck-mounted drilling rig comprises vertical forward transportation of the derrick, vertical backward transportation of the derrick and horizontal transportation of the derrick. The derrick vertically transported truck-mounted drilling rig connects the front truck body, the rear truck body andthe drilling rig base into a whole and controls extension, retraction and locking of a front axle and a rear axle as well as extension, retraction and lifting of the derrick through the hydraulic control devices, thereby achieving vertical and horizontal transportation manners of the truck-mounted derrick, being flexible in movement, shortening the site changing time and solving the problem thatcommon truck-mounted drilling rigs cannot be transported vertically.