In this review, ruthenium nanoparticles (Ru NPs)-based functional nanomaterials have attractive electrocatalytic characteristics and they offer considerable potential in a number of fields. Ru-based binary or multimetallic NPs are widely utilized for electrode modification because of their unique electrocatalytic properties, enhanced surface-area-to-volume ratio, and synergistic effect between two metals provides as an effective improved electrode sensor. This perspective review suggests the current research and development of Ru-based nanomaterials as a platform for electrochemical (EC) sensing of harmful substances, biomolecules, insecticides, pharmaceuticals, and environmental pollutants. The advantages and limitations of mono-, bi-, and multimetallic Rubased nanocomposites for EC sensors are discussed. Besides, the relevant EC properties and analyte sensing approaches are also presented. On the basis of these insights, we highlighted recent results for synthesizing techniques and EC environmental pollutant sensors from the perspectives of diverse supports, including graphene, carbon nanotubes, silica, semiconductors, metal sulfides, and polymers. Finally, this work overviews the modern improvements in the utilization of Ru-based nanocomposites on the basis for electroanalytical sensors as well as suggestions for the field's future development.