The aim of this study was to optimize the adsorption performance of activated carbon (AC), derived from the shell of Penaeus vannamei prawns, on heavy metal ions. Inexpensive, non-toxic, and renewable prawn shells were subjected to carbonization and, subsequently, KOH-activation to produce nanoporous K-Ac. Carbonized prawn shells (CPS) and nanoporous KOH-activated carbon (K-Ac) from prawn shells were prepared and characterized by FTIR, XRD, BET, SEM, and TEM. The results showed that as-produced K-Ac samples were a porous material with microporous and mesoporous structures and had a high specific surface area of 3160 m²/g, average pore size of about 10 nm, and large pore volume of 2.38 m³/g. Furthermore, batches of K-Ac samples were employed for testing the adsorption behavior of Cd²⁺ in solution. The effects of pH value, initial concentration, and adsorption time on Cd²⁺ were systematically investigated. Kinetics and isotherm model analysis of the adsorption of Cd²⁺ on K-Ac showed that experimental data were not only consistent with the Langmuir adsorption isotherm, but also well-described by the quasi-first-order model. Finally, the adsorption behaviors of as-prepared K-Ac were also tested in a ternary mixture of heavy metal ions Cu²⁺, Cr⁶⁺, and Cd²⁺, and the total adsorption amount of 560 mg/g was obtained.