This review selectively summarizes the latest developments in the Pd-based cataysts for low temperature proton exchange membrane fuel cells, especially in the application of formic acid oxidation, alcohol oxidation and oxygen reduction reaction. The advantages and shortcomings of the Pd-based catalysts for electrocatalysis are analyzed. The influence of the structure and morphology of the Pd materials on the performance of the Pd-based catalysts were described. Finally, the perspectives of future trends on Pd-based catalysts for different applications were considered.