Phase-sensitive optical time-domain reflectometry (Φ-OTDR) has attracted numerous attention due to its superior performance in detecting the weak perturbations along the fiber. Relying on the ultra-sensitivity of light phase to the tiny deformation of optical fiber, Φ-OTDR has been treated as a powerful technique with a wide range of applications. It is fundamental to extract the phase of scattering light wave accurately and the methods include coherent detection, I/Q demodulation, 3 by 3 coupler, dual probe pulses, and so on. Meanwhile, researchers have also made great efforts to improve the performance of Φ -OTDR. The frequency response range, the measurement accuracy, the sensing distance, the spatial resolution, and the accuracy of event discrimination, all have been enhanced by various techniques. Furthermore, lots of researches on the applications in various kinds of fields have been carried out, where certain modifications and techniques have been developed. Therefore, Φ-OTDR remains as a booming technique in both researches and applications.