Metamaterials are artificial materials with properties depending mainly on their designed structures instead of their materials. Pentamode metamaterials are one type of metamaterial. They have solid structures with fluid-like properties, which can only withstand compressive stresses, not shear stresses. Two-dimensional pentamode metamaterials are easier to manufacture than three-dimensional models, so they have received wide attention. In this review, the properties, manufacturing, and applications of two-dimensional pentamode metamaterials will be discussed. Their water-like properties are their most important properties, and their velocities and anisotropy can be designed. They can be processed by wire-cut electrical discharge machining, waterjet cutting, and additive manufacturing techniques. They have a broad application prospect in acoustic fields such as acoustic stealth cloaks, acoustic waveguides, flat acoustic focusing lenses, pentamode acoustic meta-surfaces, etc.