Currently, about nine serpin clades (A–I) were preferentially observed in higher animals and clustered on the basis of function. Of these, eight clades contain extracellular proteins, while clade B contains predominantly intracellular proteins. In the present study, the first clade B serpin (named LvserpinB3) was identified from the Pacific white shrimp Litopenaeus vannamei. LvserpinB3 encoded a 412-amino acid protein with a 19-amino acid signal peptide and a serpin domain. Moreover, a transmembrane helix (TMHs) was predicted to be located on the N-terminal of LvserpinB3. Alignment with the cDNA sequence indicated that the genomic LvserpinB3 gene contains 2 exons and 1 intron. The P1-P1’ scissile bond of the core feature reactive center loop (RCL) represented for Arginine-Isoleucine (RI), which was in accordance with PmserpinB3, Msserpin-4, -5 and -7. The highest mRNA expression level of LvserpinB3 was detected in hepatopancreas. A significant decrease of LvserpinB3 was detected in hepatopancreas at 6 h post Vibrio anguillarum injection, and later on, the expression of LvserpinB3 was remarkably elevated at 24 h post bacterial challenge. Suppression of LvserpinB3 in vivo by double-stranded RNA (dsRNA) mediated RNA interference (RNAi) led to a significant increase in the transcripts of LvSP1 (Serine protease 1), LvPPAE2 (Prophenoloxidase-activating Enzyme 2) and cumulative mortality. Furthermore, rLvserpinB3 protein was expressed and purified in vitro for the prophenoloxidase inhibition assay. The rLvserpinB3 protein can strongly impede the extent of proPO cascade. All above imply that LvserpinB3 might be an inhibitor for prophenoloxidase-activating system.