Due to their rapid power delivery, fast charging, and long cycle life, supercapacitors have become an important energy storage technology recently. However, to meet the contin-uously increasing demands in the fields of portable electronics, transportation, and future robotic technologies, supercapacitors with higher energy densities without sacrificing high power den-sities and cycle stabilities are still challenged. Transition metal compounds (TMCs) possessing high theoretical capacitance are always used as electrode materials to improve the energy densi-ties of supercapacitors. However, the power densities and cycle lives of such TMCs-based electrodes are still inferior due to their low intrinsic conductivity and large volume expansion during the charge/discharge process, which greatly impede their large-scale applications. Most recently, the ideal integrating of TMCs and conductive carbon skeletons is considered as an effective solu-tion to solve the above challenges. Herein, we summarize the recent developments of TMCs/carbon hybrid electrodes which exhibit both high energy/power densities from the aspects of structural design strategies, including conductive carbon skel-eton, interface engineering, and electronic structure. Further-more, the remaining challenges and future perspectives are also highlighted so as to provide strategies for the high energy/power TMCs/carbon-based supercapacitors.