In this study, we investigated major branched-chain amino acid (BCAA; valine, isoleucine, leucine) in the hot water extract from shrimp by-product. The results of amino acid auto analyzer showed that the hot water extract from shrimp by-product contained BCAA. Further, the shrimp by-product was extracted at different temperatures (50°C, 70°C, and 90°C) and times (1, 2, 3, and 4 h), and the hot water extracts were evaluated for extraction yield, BCAA content, anti-oxidant activity, and protective effect on C2C12 myoblasts. The extraction yield, BCAA, 1,1-diphenyl-2-picrylhydrazyl (DPPH) and 2,2′-azino-bis(3-ethylbenzothiazoline-6-sulfonic acid) (ABTS) radical scavenging activities increased as the extraction temperature increased. The evaluation of the extraction time of the shrimp by-product revealed that the protective effects of the C2C12 myoblasts were highest after 1 h and 2 h of extraction. However, the extraction yield, DPPH and ABTS radical scavenging activies, as well as the extraction yield were not different after more than 2 h of extraction. Based on these results, we suggest that the optimum conditions for hot water extract conditions of the shrimp by-product are 90°C for 2 h. We may also conclude that the hot water extract from the shrimp by-product has the potential for use as an antioxidant and has a protective effect on C2C12 myoblasts.