In this paper, we have explored the feasibility of 8-level pulse amplitude modulation (PAM8) format for realizing beyond 100 Gb/s transmission in a bandwidth-limited intensity modulation and direct-detection (IMDD) system. Generally, Volterra equalizer is a practical algorithm which can be used in bandwidth-limited system to combat the linear and nonlinear impairments. However, we observe that the performance of Volterra equalizer would be restricted by a phenomenon of level-dependent equalized effect, especially in low optical signal-to-noise ratio case. To cope with this problem, a tap coefficient decision directed Volterra equalizer (TDD-Volterra) with multiple sets of tap coefficients is proposed. The optimal set of tap coefficients is selected according to the decision results of input symbols before equalization. By this means, the TDD-Volterra is effective for overcoming the level-dependent equalized effect. By using the proposed TDD-Volterra, 180 Gb/s PAM8 signal is successfully transmitted over 2 km standard single mode fiber in an IMDD system with the 10-dB bandwidth of 17.5 GHz for the first time. The achieved bit error rate (BER) value is below the 7% overhead hard-decision forward error correction threshold of 3.8 × 10 −3. Moreover, the performance comparison among decision-directed least-mean square equalizer, Volterra Equalizer, and TDD-Volterra are analyzed in this paper. The experimental results show that compared to the conventional Volterra equalizer, the algorithm complexity of TDD-Volterra is decreased by over 50% for achieving a given BER value. Our research may provide a solution for beyond 100 Gb/s short-reach applications using bandwidth-limited electro-optical components. INDEX TERMS Datacenter interconnects, tap coefficient decision directed Volterra equalizer, 8-level pulse amplitude modulation (PAM8), IMDD system, Volterra equalizer.