Image matching is the foundation and key for obtaining lunar elevation information based on CCD data. We study the wavelet pyramid layered matching algorithms of lunar CCD image. CCD image is decomposed by wavelet according to the wavelet multiresolution analysis. Mismatch elimination strategy is constructed on the top of the pyramid level, and rapid searching strategy for matching points is constructed on the bottom of the pyramid level. Image matching is completed from low resolution to high resolution. Matching time and searching time for non-corresponding image points are reduced in this algorithm, accordingly, the calculation complexity is reduced greatly. So the searching efficiency and the registration precision are improved. The experimental results show that this algorithm has high precision and matching efficiency.