π-Conjugated polymers (CPs) bearing alternating electron donor− acceptor (D−A) blocks have been widely exploited as promising photocatalysts for hydrogen production. However, little attention has been paid to the D−A ternary polymer photocatalysts, and the current investigations on such a system are mainly focused on the D−π−A type by inserting a π-bridge between the D and A units. Herein, a new type of ternary polymeric photocatalysts, namely poly(DA-ran-Dπ), were designed and facilely constructed via atom-economical direct C−H arylation polymerization (DArP), in which benzothiophene-5,5-dioxide (DBTSO 2 ), 3,4-ethylenedioxythiophene (EDOT), and phenyl serve as acceptor, donor, and π-spacer, respectively. Our findings reveal that the DBTSO 2 , EDOT, and phenyl building blocks can exert synergic effects on promoting the hydrophilicity, D−A interactions, and charge separation of the resulting ternary CPs. Compared to the binary polymer EDBz-0, the ternary EDBz-25 exhibits a much superior photocatalytic performance, yielding a hydrogen evolution rate up to 241.5 mmol g −1 h −1 with an unprecedented apparent quantum yield of 28.62% at a 500 nm wavelength without the aid of a Pt cocatalyst. The water-displacing setup reveals that 91 mL of H 2 gas can be quickly produced within 2 h by using only 3 mg of EDBz-25 as the photocatalyst. The construction of ternary CPs via DArP, developed in the current work, offers a new opportunity for the design and green synthesis of polymeric semiconductors for renewable energy applications.