A facile dip-coating method to endow cotton fabric (CF) with satisfactory conductivity, superhydrophobicity and microwave absorption performance was proposed based on the combination of multi-walled carbon nanotubes (MWCNTs) incorporation and hydrophobic octadecanoyl chain bonding. The entanglement and bundling of MWCNTs induced by the particularly high aspect ratio and high interaction energy renders homogeneous dispersion of MWCNTs a challenging. The durable coating adhesion of MWCNTs on hydrophilic CF remains the other challenge due to the absence of strong interactions with intrinsic hydrophobic MWCNTs. In this work, silk nanofibers (SNFs) were synthesized by degrading silk at high temperature, which was adopted as dispersant to prepare individually dispersed MWCNTs via ultrasonication and homogenization processes. The coating adhesion of MWCNTs to CF (MWCNTs-CF) was enhanced via dipping coating and thermal treatment induced chemical immobilization cycles. Octadecanoyl chain-tethered MWCNTs-CF (C18-MWCNTs-CF) was manufactured by further treatment with stearoyl chloride to achieve superhydrophobicity. The scanning and transmission electron microscopy micrographs demonstrated that the aggregates of MWCNTs were successfully de-bundled into individually dispersed nanotubes by taking advantages of the high π-π interaction and electrostatic repulsive interactions between MWCNTs and SNFs. SNFs has the superiority of chemical bonding with CF at high temperature and providing active sites for subsequent hydrophobic treatment. The electrical conductivity, surface properties, thermal stability, mechanical properties, and microwave absorption performance of the CF samples were evaluated systematically. Compared with pristine CF (1.04🞩1010 Ω), the C18-MWCNTs-CF exhibited excellent conductive property with surface resistance reaching 55 Ω when the loaded MWCNTs on CF were 247.5 mg/g in the case of 3 dipping-drying cycles and possessed a relatively greater microwave absorption performance of -36.08 dB at 9.28 GHz with merely 2.7 mm thickness. Compared with pristine CF, C18-MWCNTs-CF exhibited superhydrophobicity with the WCA increasing from 26° to 150° even after 20 scratching cycles due to the combination of facile octadecanoyl group tethering and the increased surface roughness. The biodegradable and recyclable C18-MWCNTs-CF exhibited reasonable electrical conductivity, superhydrophobicity and microwave absorption that promises an ideal application prospect in the field of smart textile and wearable electronic devices.