The electrocatalytic splitting of water to produce hydrogen is regarded as an efficient and promising strategy but is limited by its large overpotential; thus, a highly efficient electrocatalyst is urgently needed. Mixed metal doping is an important strategy in defect engineering because the heteroatoms can change the intrinsic structure to form defects by affecting the atomic coordination mode and adjusting the electronic structure, which is often accompanied by morphological changes. Herein, two-dimensional layered bimetallic Co-pydc containing axially coordinated water molecules was selected by producing surface defects through Fe doping in Co centers as bifunctional electrocatalysts for OER and HER. The optimized Co0.59Fe0.41-pydc possesses outstanding OER performance with the lowest overpotential of 262 mV to reach j = 10 mA cm-2, and Co0.75Fe0.25-pydc possesses superior HER performance with the lowest overpotential of 96 mV at j = 10 mA cm-2. Furthermore, the overall water splitting device assembled with Co0.59Fe0.41-pydc@NF//Co0.59Fe0.41-pydc@NF affords a current density of 10 mA cm-2 at only 1.687 V. This work emphasizes the surface defects formed by tuning the electronic structure of metal centres accompanied with morphological changes of bimetallic dopants for efficient overall water splitting.