CONSPECTUS: Metal aerogels assembled from nanoparticles have captured grand attention because they combine the virtues of metals and aerogels and are regarded as ideal materials to address current environmental and energy issues. Among these aerogels, those composed of two metals not only display combinations (superpositions) of the properties of their individual metal components but also feature novel properties distinctly different from those of their monometallic relatives. Therefore, quite some effort has been invested in refining the synthetic methods, compositions, and structures of such bimetallic aerogels as to boost their performance for the envisaged application(s). One such use would be in the field of electrocatalysis, whereby it is also of utmost interest to unravel the element distributions of the (multi)metallic catalysts to achieve a ratio of their bottom-to-up design. Regarding the element distributions in bimetallic aerogels, advanced characterization techniques have identified alloys, core-shells, and structures in which the two metal particles are segregated (i.e., adjacent but without alloy or core-shell structure formation). While an almost infinite number of metal combinations to form bimetallic aerogels can be envisaged, the knowledge of their formation mechanisms and the corresponding element distributions is still in its infancy. The evolution of the observed musters is all but well understood, not to mention the positional changes of the elements observed in operando or in beginning-vs end-of-life comparisons (e.g., in fuel cell applications). With this motivation, in this Account we summarize the endeavors made in element distribution monitoring in bimetallic aerogels in terms of synthetic methods, expected structures, and their evolution during electrocatalysis. After an introductory chapter, we first describe briefly the two most important characterization techniques used for this, namely, scanning transmission electron microscopy (STEM) combined with element mapping (e.g., energy-dispersive X-ray spectroscopy (EDXS)) and X-ray absorption spectroscopy (XAS). We then explain the universal methods used to prepare bimetallic aerogels with different compositions. Those are divided into one-step methods in which gels formed from mixtures of the respective metal salts are coreduced and two-step approaches in which monometallic nanoparticles are mixed and gelated. Subsequently, we summarize the current state-of-knowledge on the element distributions unraveled using diverse characterization methods. This is extended to investigations of the element distributions being altered during electrochemical cycling or other loads. So far, a theoretical understanding of these processes is sparse, not to mention predictions of element distributions. The Account concludes with a series of remarks on current challenges in the field and an outlook on the gains that the field would earn from a solid understanding of the underlying processes and a predictive theoretical backing.