A green hydrogen economy requires efficient bifunctional electrocatalysts for simultaneous hydrogen evolution reaction (HER) and oxygen evolution reaction (OER). In this study, a mild sulfuration strategy was used to create a Co-FeS/MoS2 catalyst from metal-organic frameworks (MOFs) on foam nickel. This catalyst exhibits exceptional activity in 1 M KOH, only requiring ultralow overpotentials of 63 mV and 230 mV to achieve current densities of 10 mA cm−2 and 100 mA cm−2 for the HER and OER processes. Additionally, it achieves a low cell voltage of 1.45 V at 10 mA cm−2, surpassing reported catalysts. DFT calculations and XPS tests show that Co introduction induces high-valence Fe active sites and facilitates interface electric field redistribution. Crystal orbital Hamilton population (COHP) calculations reveal d-p orbital hybridization, enhancing conductivity and charge transfer kinetics. This research sheds light on the catalytic impacts of metal cations on transition metal sulfides to design high efficient electrocatalysts.