Zhari Namco, a large lake in the Tibetan Plateau (TP), is sensitive to climate and environmental change. However, it is difficult to retrieve accurate and continuous lake levels for Zhari Namco. A robust strategy, including atmospheric delay correction, waveform retracking, outlier deletion, and inter-satellite adjustment, is proposed to generate a long-term series of lake levels for Zhari Namco through multi-altimeter data. Apparent biases are found in troposphere delay correction from different altimeter products and adjusted using an identical model. The threshold (20%) algorithm is employed for waveform retracking. The two-step method combining a sliding median filter and 2σ criterion is used to eliminate outliers. Tandem mission data of altimeters are used to estimate inter-satellite bias. Finally, a 27-year-long lake level time series of Zhari Namco are constructed using the TOPEX/Poseidon-Jason1/2/3 (T/P-Jason1/2/3) altimeter data from 1992 to 2019, resulting in an accuracy of 10.1 cm for T/P-Jason1/2/3. Temperature, precipitation, lake area, equivalent water height, and in situ gauge data are used for validation. The correlation coefficient more than 0.90 can be observed between this result and in situ gauge data. Compared with previous studies and existing database products, our method yields sequences with the best observational quality and the longest continuous monitoring in Zhari Namco. The time series indicates that the lake level in Zhari Namco has increased by ∼ 5.7 m, with an overall trend of 0.14 ± 0.01 m/yr, showing a fluctuating rate (1992–1999: −0.25 ± 0.05 m/yr, 2000–2008: 0.26 ± 0.04 m/yr, 2009–2016: −0.05 ± 0.03 m/yr, 2017–2019: 1.34 ± 0.34 m/yr). These findings will enhance the understanding of water budget and the effect of climate change in the TP.