Ti(C,N)-based cermet is a kind of composite material composed of a metal binder phase and a Ti(C,N)-hard phase, which is widely used in the fields of cutting machining and wear-resistant parts due to its high hardness, good toughness, wear resistance, and chemical stability. In recent years, the research on the replacement of traditional Ni, Co, and Fe binder phases by novel binder phases such as intermetallic compounds and high-entropy alloys has made remarkable progress, which significantly improves the mechanical properties, wear resistance, corrosion resistance, and high-temperature oxidation resistance of Ti(C,N)-based cermets. This paper reviews the latest research results, summarizes the mechanism of the new binder to improve the performance of metal–ceramics, and looks forward to the future research directions.