Additive manufacturing, normally referred to as three-dimensional (3D) printing, has been maturing rapidly in recent years and widely utilized in various industrial fields, because it can create predesigned functional products with sophisticated structures that are basically difficult to achieve using traditional methods. Among all 3D printing technologies, vat photopolymerization has attracted much attention because of its outstanding advantages such as fast printing speed, high precision, and ease of formulating. In recent years, many breakthroughs in photopolymerization based 3D printing have been achieved by photoreaction design regarding photopolymerizable monomers, photoinitiating systems, inhibition functions, light sourcs, etc., but challenges remain. This Perspective attempts to highlight these great advances regarding the promotion of printing efficiency, accuracy, and sustainability. At the end, several challenges, such as longer-wavelength printing, printing of functional materials, and multimaterial printing, are discussed, which must be carefully addressed to meet the increasing requirements of future high-performance additive manufacturing.