Fe-based amorphous ribbons with the brand name 1K101 can adsorb methylene blue (MB) solution. The adsorption reaction is multilayer adsorption, in which chemical adsorption plays a major role. There are also some processes like physical adsorption, liquid phase diffusion, and internal diffusion of particles. The adsorption reaction is exothermic and spontaneous, which is more favorable at low temperatures. During the adsorption process, the entropy value decreases, the degree of disorder and freedom of the solution decreases, and the structure also changes. What's more, H 2 O 2 , pH, ribbons's dosage, dye's concentration, and temperature affect the degradation performance of 1K101 on MB. Degradation reactions are mainly controlled by surface chemical reactions, including chemical reduction reactions and adsorption. When c(H 2 O 2 ) is 15 mM, pH is 2, ribbons' dosage is 0.9 g, c(MB) is 20 mg L À1 , temperature is 338 K, the degradation effect is the best. The optimal conditions with lowest overall cost obtained under the orthogonal experiment are: c(H 2 O 2 ) = 20 mM, pH = 2, ribbons's dosage = 0.7 g, c(MB) = 20 mg L À1 , and T = 338 K. Overall, 1K101 amorphous ribbon can be utilized to treat MB solution, and its degradation effect is better than adsorption effect, which can provide new ideas for the reuse of waste amorphous ribbon and the treatment of azo dye wastewater.