LiBH4 with high hydrogen storage density, is regarded as one of the most promising hydrogen storage materials. Nevertheless, it suffers from high dehydrogenation temperature and poor reversibility for practical use. Nanoconfinement is effective in achieving low dehydrogenation temperature and favorable reversibility. Besides, graphene can serve as supporting materials for LiBH4 catalysts and also destabilize LiBH4 via interfacial reaction. However, graphene has never been used alone as a frame material for nanoconfining LiBH4. In this study, graphene microflowers with large pore volumes were prepared and used as nanoconfinement framework material for LiBH4, and the nanoconfinement effect of graphene was revealed. After loading 70 wt% of LiBH4 and mechanically compressed at 350 MPa, 8.0 wt% of H2 can be released within 100 min at 320 °C, corresponding to the highest volumetric hydrogen storage density of 94.9 g H2 L−1 ever reported. Thanks to the nanoconfinement of graphene, the rate-limiting step of dehydrogenation of nanoconfined LiBH4 was changed and its apparent activation energy of the dehydrogenation (107.3 kJ mol−1) was 42 % lower than that of pure LiBH4. Moreover, the formation of the intermediate Li2B12H12 was effectively inhibited, and the stable nanoconfined structure enhanced the reversibility of LiBH4. This work widens the understanding of graphene's nanoconfinement effect and provides new insights for developing high-density hydrogen storage materials.