Supercapacitors play an important role in power systems since they are a key part of electrochemical energy storage devices. To assemble high-performance supercapacitors, it is crucial to discover and innovate high-capacitive electrode materials. Recently, metal–organic frameworks (MOFs) and their derivatives have received wide concerns as electrode materials for supercapacitors, not only because of their high pore volume and large surface area for ions and electrons insertion and transportation, but also due to the intrinsic metal active sites that possibly offer extra faradaic pseudocapacitance. Additionally, the abundant species of MOFs with various morphologies also feature advantages in enriching the structural diversity of electrodes. In this paper, we first report the latest research progress and demonstrate the feasibility of pure MOFs for directly constructing supercapacitor electrodes. Furthermore, different MOF derivatives, including porous carbons, transition metal oxides, metal hydroxides and MOF composites for supercapacitors, are summarized, and their electrochemical performances with corresponding energy storage mechanisms are presented in detail. Finally, the perspectives for MOF-based materials applied in supercapacitors are discussed, aiming to provide a guideline for further research based on these promising materials.