Hydrogen−oxygen proton exchange membrane fuel cells (PEMFCs) have promising military applications. However, carbon corrosion in the catalyst layer induced by water flooding significantly affects the performance and longevity of PEMFCs. In this study, a periodical oxygen supply strategy is proposed to improve water management in PEMFCs. The hydrogen and oxygen utilization reached 99.84 and 98.82%, respectively. The performance degradation rate of a PEMFC with a current density of 600 mA•cm −2 decreased by 45.1% under the proposed strategy. According to morphological results, the thickness degradation rate of the cathode catalyst layer operating in the proposed strategy is generally lower than that in the conventional dead-ended mode, which was mainly due to the irreversible Pt agglomeration, oxidation, and carbon support corrosion, especially in the oxygen outlet area. This work contributes to the engineering application of H 2 /O 2 PEMFCs by providing a deeper understanding of dead-ended behaviors.