Melt inclusions can preserve relatively primitive magma evolution information during the magma evolution process, including melt composition and physicochemical conditions, which hold important research value and scientific significance. The solubility and degassing of magma volatiles can provide crucial evidence for interpreting specific magma behaviors, thereby attracting increasing research attention. However, obtaining the composition of melt inclusions is highly dependent on homogenization methods and analytical techniques. When melt inclusions contain crystallized minerals, homogenization to restore the trapped melt composition is a prerequisite for inclusion studies. Nevertheless, when the physicochemical conditions of the trapped inclusion are not accurately known, there is uncertainty about the temperature and pressure for the homogenization condition. In addition, the types and concentrations of volatiles are crucial information in melt inclusions. Accurate measurement of volatile contents (including H2O, CO2, S, Cl, and F) in homogenized melt inclusions is still challenging, and the precise determination remains a current chanllenge. Accordingly, this paper systematically reviews and discusses research progress on melt inclusions and their volatiles in recent years, focusing on aspects such as melt inclusion homogenization, analytical techniques, and the volatiles' solubility and degassing effects, to enhance and further refine the geological significance of melt inclusion studies.