The family of transition metal carbides, nitrides, and carbonitrides (collectively called MXenes) has been a thriving field since the first invention of Ti3C2Tx (MXene) in 2011. MXene is a new type of nanometer 2D sheet material, which exhibits great application potentials in various fields due to its multiple advantages such as high specific surface area, good electrical conductivity, and high mechanical strength. Electrocatalysis is regarded as the core of future clean energy conversion technologies, and MXene‐based materials provide inspiration for the design and preparation of electrocatalysts with high activity, high selectivity, and long loading life time. The applications of MXene‐based materials in electrocatalysis, including hydrogen evolution reaction, nitrogen reduction reaction, oxygen evolution reaction, oxygen reduction reaction, carbon dioxide reduction reaction, and methanol oxidation reaction are summarized in this review. As a crucial session regarding experiments, the current safer and more environmentally friendly preparation methods of MXene are also discussed. Focusing on the materials design and enhancement methods, the key challenges and opportunities for MXene‐based materials as a next‐generation platform in both fundamental research and practical electrocatalysis applications are presented. This account serves to promote future efforts toward the development of MXenes and related materials in the electrocatalysis applications.