High‐performance damping materials are significant toward reducing vibration and maintaining stability for industrial applications. Herein, a yolk–shell piezoelectric damping mechanism is reported, which can enhance mechanical energy dissipation and improve damping capability. With the addition of yolk–shell particles and carbon nanotube (CNT) conductive network, damping properties of various resin matrices are enhanced with the energy dissipation path of mechanical to electrical to heat energy. Particularly, the peak loss factor of epoxy composites reaches 1.91 and tan δ area increases by 25.72% at 20 °C. The results prove the general applicability of yolk–shell piezoelectric damping mechanism. Besides, the novel damping materials also exhibit excellent flexibility, stretchability, and resilience, offering a promising application toward damping coating, indicating broad scope of application in transportation and sophisticated electronics, etc.