In nature, life is inherently dissipative. Cells continuously consume energy (such as ATP) to sustain homeostasis, drive metabolism, and respond dynamically to environmental cues. Inspired by this principle, we develop a synthetic protocell system that exhibits dissipative behavior and initiates metabolic-like processes. Our design features synthetic vesicles formed from a cationic surfactant, which undergo a fuel-driven transformation into coacervate protocells via liquid-liquid phase separation. Dissipation is achieved through alkaline phosphatase (ALP)-catalyzed ATP hydrolysis, driving the reverse transition from coacervates back to vesicles. The distinct physicochemical properties and internal organization of vesicle and coacervate protocells enable us to design functional regulators capable of producing secondary signals, such as fluorescence and enzymatic products. This work offers a strategy for engineering enzymatic reaction-regulated dissipative behaviors of protocell systems that emulate key aspects of cellular metabolism, representing a step toward synthetic life-like systems with dynamic behavior and functional complexity.