Development of fuel electrodes for reversible solid oxide cells (RSOCs) is important for achieving good performance and stability under both solid oxide fuel cell and electrolysis cell o p e r a t i o n m o d e s . I n t h i s w o r k , C e O 2 -d e c o r a t e d La 0.43 Ca 0.37 Ti 0.94 Ni 0.06 O 3−δ (denoted as LCTN-Ce) fuel electrodes were prepared via a simple hydrothermal route, where CeO 2 is uniformly decorated onto the external surface of the LCTN-Ce electrode with in situ exsolved Ni nanoparticles (NPs) after reduction treatment. The decorated CeO 2 content can be regulated by adjusting the hydrothermal treatment time and precursor solution concentration.As the decorated CeO 2 content increases from 0.81 to 2.05%, the conductivity of the LCTN-Ce electrode decreases while the oxygen vacancy concentration increases, comprehensively affecting the cell power output and CO 2 electrolysis activity. The electrolyte-supported cell assembled with LCTN-1.46Ce cell with a moderate CeO 2 content of 1.46% shows an excellent reversible electrochemical performance and RSOC stability in 50% H 2 /50% CO 2 at 750 °C. The hydrothermal decoration provides a facile way to modify perovskite oxides, and the LCTN-Ce with in situ exsolved Ni NPs and surface-decorated CeO 2 is proved to be a potential RSOC fuel electrode material.