Wulungu Lake is a vital fishery area in Xinjiang. However, the concentration, enrichment rules, and sources of As, Cd, Cr, Cu, Hg, Ni, Pb, and Zn in the aquatic organisms, have rarely been investigated. The results suggest that the concentrations of As, Ni, Pb, and Zn were higher than those recommended by the national standards for edible fish in some species. Hg, Ni, Cu, Pb, Cr, and Zn in the fish were dependent on the concentration of trace metals in the water environment (p < 0.05). The body weights of the fish were significantly negatively correlated with only Hg (p < 0.05); however, their body lengths were significantly positively correlated with As, Cu, Zn, and Hg contents. Values of δ13C ‰ (δ15N ‰) for the entire fish food web was found to range from −19.9‰ (7.37‰) to −27.7‰ (15.9‰), indicating a wide range of trophic positions and energy sources. Based on the linear correlation, As, Cu, Cd, and Zn contents were positively correlated with δ15N (p < 0.05), and bioaccumulation was observed in the fish. The target hazard quotient (THQ) of all fish species was less than 1, indicating the absence of potential risks to human health.