In recent years, metal‐organic frameworks, especially MOF‐based derivatives, have been regarded as one of the best candidate electrode materials for the next generation of advanced materials, due to high porosity, large surface area, modifiable functional groups as well as controllable chemical composition. This review presents the corresponding synthesis methods, structural design, and electrochemical performance of MOF‐derived materials, including metal oxides, metal sulfides, metal phosphides, and carbon materials, in high‐performance lithium‐ion batteries. Subsequently, the problems that exist in the current application of MOF‐based derivatives as electrodes in lithium‐ion batteries are discussed along with possible and feasible solutions. At last, some reasonable pathways and strategies for the design of MOF derivatives are also suggested.