Display panel and display device

A display panel, comprising:

• a base substrate, the base substrate comprising a display region and a peripheral region;
• a plurality of sub-pixels disposed in the display region, wherein the sub-pixels each comprise a first electrode, a second electrode and a functional layer between the first electrode and the second electrode;
• at least one dam disposed in the peripheral region;
• a first electrode layer disposed on the base substrate, wherein the first electrodes of the plurality of sub-pixels are located in the first electrode layer;
• a pixel defining layer disposed on a side of the first electrode layer away from the base substrate;
• a spacer layer disposed on a side of the pixel defining layer away from the base substrate;
• and
• an encapsulation structure disposed on a side of the spacer layer away from the base substrate, the encapsulation structure comprising:
• a first encapsulation layer disposed on the side of the spacer layer away from the base substrate, a second encapsulation layer disposed on a side of the first encapsulation layer away from the base substrate, and a third encapsulation layer disposed on a side of the second encapsulation layer away from the base substrate, wherein the first encapsulation layer is an inorganic material encapsulation layer, the third encapsulation layer is an inorganic material encapsulation layer, and the second encapsulation layer is an organic material encapsulation layer,
• wherein the display panel comprises a plurality of spacers located in the spacer layer, the plurality of spacers comprise a first spacer located in the peripheral region, and the first spacer is located in a row or column of spacers farthest away from a boundary of the display region among the plurality of spacers;
• wherein the second encapsulation layer comprises a boundary located on a side of the second encapsulation layer away from the display region, and the boundary of the second encapsulation layer is a boundary of a part, that protrudes from the display region, of the second encapsulation layer;
• wherein an orthographic projection of the boundary of the second encapsulation layer on the base substrate is located on a side of an orthographic projection of the at least one dam on the base substrate close to the display region, and an orthographic projection of at least one first spacer on the base substrate is located on a side of the orthographic projection of the boundary of the second encapsulation layer on the base substrate close to the display region;
• wherein the orthographic projection of the boundary of the second encapsulation layer on the substrate base overlaps with an orthographic projection of the first electrode layer on the substrate base;
• and
• wherein an orthographic projection of at least one first spacer on the substrate base overlaps with the orthographic projection of the first electrode layer on the substrate base, wherein the first electrode is an anode and the second electrode is a cathode.