The burgeoning field of energy storage battery innovation has sparked a relentless pursuit of high‐capacity anode materials to meet the escalating demand for improved energy density. Typically, these materials for batteries experience significant volume changes during cycles, which severely test the structural integrity and lifespan of electrode configurations. High‐performance binders have emerged as a critical component in addressing this challenge. Although they represent a small proportion of the battery's composition, binders play a pivotal role in enhancing electrochemical efficiency, safety, and cost‐effectiveness of batteries. The advancement of high‐capacity anode materials has rendered traditional binders inadequate, prompting the development of functional binders that are increasingly being refined to meet these requirements. This article began by outlining the role and requirements of binders within electrodes, examining cutting‐edge characterization methodologies, and discussing the “structure‐function” paradigm that underpins binder selection. It then showcased the research advancements in identifying suitable binders for high‐capacity anode materials, including silicon (Si), phosphorus (P), tin (Sn), antimony (Sb), and germanium (Ge). In summary, the article contemplated the future direction of binder development and application in high‐capacity electrode materials. The aim is to facilitate the progression of high‐performance, high‐capacity anodes, thereby accelerating the development of high‐energy‐density lithium‐ion and sodium‐ion batteries.