Supramolecular fluorescent sensors can address various detection and bioimaging issues related to the environment and human health. Indicator displacement assay (IDA) is a supramolecular fluorescence sensing method that can convert the chemical changes caused by molecular recognition into easily observed fluorescence signals. It provides a unique and innovative sensing method for the detection of analytes. In recent years, IDA based on non-covalent binding has been developed rapidly due to its advantages of high sensitivity, adjustability, real-time, and low synthesis effort. In order to meet the diverse needs of IDA development, a variety of supramolecular macrocyclic hosts have been involved in the construction of IDA sensors, such as calix[n]arenes, cucurbit[n]uril, pillar[n]arenes, etc. The recent research progress in this field based on different classes of macrocycles is briefly reviewed, focusing on the application in biochemical sensing, and providing a reference for the construction and application of novel fluorescent biochemical sensing platforms based on IDA in the future.