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Aqueous electrolytes are the leading candidate to meet the surging demand for safe and low-cost storage batteries. Aqueous electrolytes facilitate more sustainable battery technologies due to the attributes of being nonflammable, environmentally benign, and cost effective. Yet, water’s narrow electrochemical stability window remains the primary bottleneck for the development of high-energy aqueous batteries with long cycle life and infallible safety. Water’s electrolysis leads to either hydrogen evolution reaction (HER) or oxygen evolution reaction (OER), which causes a series of dire consequences, including poor Coulombic efficiency, short device longevity, and safety issues. These are often showstoppers of a new aqueous battery technology besides the low energy density. Prolific progress has been made in the understanding of HER and OER from both catalysis and battery fields. Unfortunately, a systematic review on these advances from a battery chemistry standpoint is lacking. This review provides in-depth discussions on the mechanisms of water electrolysis on electrodes, where we summarize the critical influencing factors applicable for a broad spectrum of aqueous battery systems. Recent progress and existing challenges on suppressing water electrolysis are discussed, and our perspectives on the future development of this field are provided.