The present application relates to the technical field of lithium-ion batteries and, specifically, relates to an electrolyte and a lithium-ion battery containing the electrolyte. The electrolyte of the present application includes a lithium salt, an organic solvent and additives, the additives include a fluorinated ether compound and an ester dimer compound, the ester dimer compound includes carbonate dimers, carboxylate dimers and sultone dimers.