The present invention discloses a novel electrode-catalyst for direct methanol fuel cell prepared by introducing a carbon precursor into pores of a wormhole-like molecular sieve template, carbonizing the carbon precursor, removing the molecular sieve template to obtain a wormhole-like mesoporous carbon having a high specific surface of 800-1000 m.sup.2/g and a pore size of 4-5 nm, and depositing catalyst metal such as Pt--Ru on the mesoporous carbon.