Leveraging the most recent success in expanding the electrochemical stability window of aqueous electrolytes, in this work we create a unique Li-ion/sulfur chemistry of both high energy density and safety. We show that in the superconcentrated aqueous electrolyte, lithiation of sulfur experiences phase change from a highorder polysulfide to low-order polysulfides through solid-liquid two-phase reaction pathway, where the liquid polysulfide phase in the sulfide electrode is thermodynamically phase-separated from the superconcentrated aqueous electrolyte. The sulfur with solid-liquid two-phase exhibits a reversible capacity of 1,327 mAh/(g of S), along with fast reaction kinetics and negligible polysulfide dissolution. By coupling a sulfur anode with different Li-ion cathode materials, the aqueous Li-ion/sulfur full cell delivers record-high energy densities up to 200 Wh/(kg of total electrode mass) for >1,000 cycles at ∼100% coulombic efficiency. These performances already approach that of commercial lithium-ion batteries (LIBs) using a nonaqueous electrolyte, along with intrinsic safety not possessed by the latter. The excellent performance of this aqueous battery chemistry significantly promotes the practical possibility of aqueous LIBs in large-format applications.water-in-salt | rechargeable aqueous battery | aqueous sulfur battery | gel polymer electrolyte | phase separation I n the past two decades, rechargeable lithium-ion batteries (LIBs) have revolutionized consumer electronics with their high energy density and excellent cycling stability, and are the state-of-the-art candidates for applications ranging from kilowatt hours for electric vehicles up to megawatt hours for grids (1, 2). The latter applications in large-format present much more stringent requirements for safety, cost, and environmental friendliness, besides energy density and cycle life. The shortcomings of LIB are mostly due to the flammable and toxic nonaqueous electrolytes and moderate energy densities (<400 Wh·kg −1 ) provided by the electrochemical couples currently used (3). Among the various "beyond Li-ion" high-energy chemistries (>500 Wh·kg −1 ) explored currently, the nonaqueous lithium/sulfur (Li/S) battery based on sulfur as a cathode (theoretical capacity of 1,675 mAh·g −1 ) and metallic lithium as an anode seems to be the most practical, as evidenced by the mushrooming literature and significant advances in this system in the past 5 y (4-7). However, commercialization of this system still faces challenges because of severe safety concerns associated with the dendrite growth of metallic Li anode in highly inflammable ether-based electrolytes (8), and the high self-discharge associated with parasitic shuttling of the intermediate polysulfide species. Moreover, the moisture-sensitive nature of the nonaqueous electrolyte would contribute significantly to the cost of the Li/S battery pack due to the stringent moisture-exclusion infrastructure required during the manufacturing, processing, and packaging of the cells. The indispensabl...