This study investigates a high-performance Ag2O/β-Ga2O3 self-powered photodiode through experimental and modeling approaches. Initially, a p-type Ag2O film, with a bandgap close to 4 eV and a hole density of approximately 6.35×1018 cm−3, was fabricated using faced two-target sputtering. The conduction and valence band offsets between Ag2O and β-Ga2O3 were determined via X-ray photoelectron spectroscopy, confirming a type II heterojunction. The device had a low on-voltage of 1.50 V and a low on-resistance of 5.40 mΩ.cm² in the dark. Subsequent illumination at 254 nm resulted in a notably high photocurrent, responsivity, and detectivity. To confirm the role of trap-assisted tunneling in the type II Ag2O/β-Ga2O3 heterojunction, Silvaco simulations were employed to model both the dark current and photocurrent. These simulations confirmed the prevalence of the trap-assisted tunneling mechanism, particularly through energy levels situated above the equilibrium Fermi level at the Ag2O/β-Ga2O3 interface, as described by the Danielsson model. Understanding the transport mechanism is paramount for the development of high-performance photodetectors. By comprehending how charge carriers navigate through the device and the influence of traps on their behavior, researchers can optimize device design and fabrication processes to enhance performance.