The paper presents the investigation on the structure, chemical and phase composition of the diffusion coating formed during the liquid-phase heat treatment in the explosion-welded Cr20Ni80 + AD1 bimetal. It is shown that the coating structure consists of NiAl3, CrAl7, Ni2Al3 intermetallic inclusions, as well as a metastable ternary compound – τ2-phase (Al77.5Cr12.5Ni10) of different dispersion and morphology. There are no crystallization defects in the coating structure.