Metallic glasses (MGs) have attracted great attention in wastewater treatment because of their high reactivity arising from amorphous structure, large residual stress and high density of low coordination sites. However, the reactivity of MGs would gradually slow down with time due to the passivation of active sites by corrosion products, resulting in limited long-term reactivity, which is also an unsolved key issue for established crystalline zero valent iron (ZVI) technology. Here, such problems are successfully overcome by introducing nanoscale chemical inhomogeneities in Fe-based MG (Fe-MGI), which apparently contributes to local galvanic cell effect and accelerates electron transfer during degradation process. More importantly, the selective depletion of Fe 0 causes local volume shrinkage and crack formation, leading to self-peeling of precipitated corrosion products and reacted regions. Thereby fresh low coordination sites could be continuously provided, counteracting the mass transport and reactivity deteriorating problem. Consequently, Fe-MGI demonstrates excellent long-term reactivity and self-refreshing properties even in neutral solution. The present results provide not only a new candidate but also a new route of designing ZVI materials for wastewater treatment.