A mixing and application capsule for producing and discharging a dental preparation is disclosed. In order to prevent a liquid loss, a mixing and application capsule for producing a dental preparation is proposed according to the invention, which has: a capsule body (31) with a mixing chamber (32) for receiving a mixing component (41) and for mixing the dental preparation (43) from the mixing component (41) and a fluid (42) and with an outlet opening (33) for discharging the dental preparation (43), a first plunger body (11) which can be displaced in the capsule body (31), delimits the mixing chamber (32) in the capsule body (31) and has a channel (19) to guide the fluid (42) from a cavity (22) into the mixing chamber (32) and a projection (12), and a second plunger body (21) which can be displaced in the capsule body (31) relative to the first plunger body (11) and has the cavity (22) to receive the fluid (42), the cavity (22) being configured to receive the projection (12) of the first plunger body (11).