With the development of laser technology, microstructured optical fibers (MOFs) have become an important part of ultrafast optics, providing excellent platforms for ultrafast laser pulse generation, amplification, and compression, promoting the development of fiber laser systems to generate high power, high pulse energy, and few-cycle duration pulses. MOFs extend the ultrafast laser spectrum to the vacuum ultraviolet (VUV) and even extreme ultraviolet (EUV) regions based on dispersive wave emission and high harmonic generation, as well as to the mid-infrared region based on soliton self-frequency shift (SSFS), contributing compact and low-cost light sources for precision microscopy and spectroscopy. In this paper, first several common types of MOFs are introduced, then the various applications of MOFs in ultrafast optics are discussed, mainly focusing on the aspects of ultrafast laser pulse scaling in pulse energy and spectral bandwidth, and finally the possible prospects of MOFs are given.