Spinel LiMn₂O₄ is a widely utilized cathode material for Li-ion batteries. However, its applications are limited by its poor energy density and power density. Herein, a novel hierarchical porous onion-like LiMn₂O₄(LMO) was prepared to shorten the Li⁺ diffusion pathway with the presence of uniform pores and nanosized primary particles. The growth mechanism of the porous onion-like LiMn₂O₄ was analyzed to control the morphology and the crystal structure so that it forms a polyhedral crystal structure with reduced Mn dissolution. In addition, graphene was added to the cathode (LiMn₂O₄/graphene) to enhance the electronic conductivity. The synthesized LiMn₂O₄/graphene exhibited an ultrahigh-rate performance of 110.4 mAh·g^-1 at 50 C and an outstanding energy density at a high power density, maintaining 379.4 Wh·kg^-1 at 25, 293 W·kg^-1. Besides, it shows durable stability, with only 0.02% decrease in the capacity per cycle at 10 C. Furthermore, the (LiMn₂O₄/graphene)/graphite full-cell exhibited a high discharge capacity. This work provides a promising method for the preparation of outstanding, integrated cathodes for potential applications in lithium ion batteries.