Common precursors for carbon materials typically include petroleum‐based polymers or MOF materials. However, these materials often encounter challenges such as metal aggregation, high cost, and metals leaching. In this work, a novel of approach lignin‐metal supramolecular framework complex (MSF@Lignin) is introduced. These complexes are formed through oxidative ammonolysis of lignin (OAL) to synthesize a nitrogen‐doped carbon‐encapsulated CoRu nanocatalyst (CoRu@OALC) via in situ carbonization. CoRu@OALC exhibited exceptional performance in both HER (90 mV) and OER (200 mV) at the current density of 10 mA cm−2, with an overall water splitting voltage of 1.5 V and outstanding stability under high density. During the pyrolysis process, metal became encapsulated by lignin‐derived carbon, occurring within the temperature range of 600–700 °C. In the catalytic process, active sites are primarily located within the defects in lignin‐derived carbon, showcasing a unique “self‐healing” phenomenon within the carbon layer. Oxygen‐containing intermediates (*OH, *O, and *OOH) facilitated the reconstruction of defects on the carbon layer, while the hydrogen‐containing intermediates (*H) contributed to the reappearance of a defect‐rich structure.