Rechargeable metal‐ion batteries (RMIBs), as one of the most viable technologies for electric vehicles (EVs) and large‐scale energy storage (EES), have received extensive research attention for a long time. Electrode materials play a decisive role on capacity, energy, and power density, which directly affect the practical applications of RMIBs in EVs and EES. As an electrode material, layered metallic vanadium disulfide (VS2) has theoretically and experimentally produced inspiring results because of its synthetic characteristics of continuously adjustable V valence, large interlayer spacing, weak interlayer interactions, and high surface activity. Herein, the synthetic strategies, theoretical metal‐ion storage sites, diffusion kinetics, and experimental electrochemical reaction mechanisms of VS2 for RMIBs are systematically introduced. Emphatically, the critical issues that affect the metal‐ion storage properties of the VS2 electrode and three major enhancement strategies, namely, optimizing the electrolyte and cutoff voltage, constructing a space‐confined structure, and controlling the crystal structure are summarized, with the aim of promoting the development of transition‐metal dichalcogenides. Finally, the challenges and opportunities for the future development of VS2 in the energy‐storage field are presented. It is hoped that this review can attract attention from researchers for investigations into emerging layered metallic VS2 and provide insights toward the design of an excellent VS2 electrode material for next‐generation, high‐performance RMIBs.