The oxygen reduction reaction (ORR) is a critical but sluggish reaction used for various applications, including fuel cells and metal-oxygen batteries. Currently, the benchmark catalysts for ORR are Pt-based catalysts. However, due to these catalysts being scarce and very expensive, alternative catalysts that are more abundant and less expensive are urgently in demand. MXenes, a new two-dimensional (2D) material based on transition metal carbides and nitrides, have advanced the performance of various existing applications and technologies, including batteries, supercapacitors, sensors, etc. Owing to their unique electronic structure, physical and chemical properties, and tunable morphology, MXenes are expected to thrive as catalysts in ORR electro- and photo-catalytic systems. Additionally, they are promising catalytic supports for ORR, thus significantly reducing the necessary Pt loading. In this work, we carefully review the most pertinent works on ORR using MXenes. We discuss the gaps and challenges in the field, identify key areas that need further attention, and provide directions for future research.