Abstract:The genus Cantharellus is an important resource for edible and medicinal fungi, with high economic, medicinal and scientific value. It is worldwide distributed and with high species diversity. This paper reviews its taxonomy and phylogeny. In addition, we summarize recent progress, especially on its composition and pharmacochemical, ecological habit and artificial cultivation. Taxonomic flaws such as misidentification and invalid names appeared in previous literature are indicated. Potential and importance of species diversity in Asia and Africa are predicted, as well as further research directions.