The genus
Corydalis
is recognized as one of the most taxonomically challenging plant taxa. It is mainly distributed in the Himalaya–Hengduan Mountains, a global biodiversity hotspot. To date, no effective solution for species discrimination and taxonomic assignment in
Corydalis
has been developed. In this study, five nuclear and chloroplast DNA regions, ITS, ITS2,
matK
,
rbcL
, and
psbA‐trnH
, were preliminarily assessed based on their ability to discriminate
Corydalis
to eliminate inefficient regions, and the three regions showing good performance (ITS, ITS2 and
matK
) were then evaluated in 131 samples representing 28 species of 11 sections of four subgenera in
Corydalis
using three analytical methods (NJ, ML, MP tree; K2P‐distance and BLAST). The results showed that the various approaches exhibit different species identification power and that BLAST shows the best performance among the tested approaches. A comparison of different barcodes indicated that among the single barcodes, ITS (65.2%) exhibited the highest identification success rate and that the combination of ITS + matK (69.6%) provided the highest species resolution among all single barcodes and their combinations. Three Pharmacopoeia‐recorded medicinal plants and their materia medica were identified successfully based on the ITS and ITS2 regions. In the phylogenetic analysis, the sections
Thalictrifoliae
,
Sophorocapnos
,
Racemosae
,
Aulacostigma
, and
Corydalis
formed well‐supported separate lineages. We thus hypothesize that the five sections should be classified as an independent subgenus and that the genus should be divided into three subgenera. In this study, DNA barcoding provided relatively high species discrimination power, indicating that it can be used for species discrimination in this taxonomically complicated genus and as a potential tool for the authentication of materia medica belonging to
Corydalis
.