Abstract: Since hydrate resources play a part of the stratigraphic framework structure in sediments, establishing a safe and economic method for hydrates exploitation remains the primary challenge to this day. Among the proposed methods, the spontaneous displacement of CH4 from hydrate cages by CO2 seems to be a perfect mechanism to address gas production and CO2 storage, especially in today's strong demand for carbon reduction and replacing clean energy. After extensive lab researches, in the past decade, injecting a mixture of CO2 and small molecule gas has become a key means to enhance displacement efficiency and has great potential for application. However, there is a lack of in-depth research on gas flow in the reservoir, while the injected gas always passes through low-saturated hydrate areas with high permeability and then occurs gas channel in a short term, finally resulting in the decreases in gas production efficiency and produced gas quality. Therefore, we explored a new injection-production mode of alternate injection of N2 and CO2 in order to fully coordinate the advantages of N2 in enhanced hydrate decomposition and CO2 in solid storage and heat compensation. These alternate “taking” and “storing” processes perfectly repair the problem of the gas channel, achieving self-regulation effect of CH4 recovery and CO2 storage. The 3-D experimental results show that compared to the mixed gas injection, CH4 recovery is increased by >50% and CO2 storage is increased by >70%. Additionally, this alternate injection mode presented a better performance in CH4 concentration of produced gas and showed outstanding N2 utilization efficiency. Further, we analyzed its self-adaptive gas flow mechanism and proposed an application model of “one injection and multiple production”. We look forward to this study accelerating the application of CO2-CH4 replacement technology.