Although the lithium-rich cathode material Li 1.2 Mn 0.54 Ni 0.13 Co 0.13 O 2 , as a promising cathode material, has a high specific capacity, it suffers from capacity decay and discharge voltage decay during cycling. In this work, the specific capacity and discharge voltage of Li 1.2 Mn 0.54 Ni 0.13 Co 0.13 O 2 are stabilized by surface-functionalized LiCeO 2 coating. We have conducted LiCeO 2 coating via a mild synchronous lithium strategy to protect the electrode surface from electrolyte attack. This optimized LiCeO 2 coating has high Li + conductivity and abundant oxygen vacancies. The results demonstrate that 3% LiCeO 2 -coated Li 1.2 Mn 0.54 Ni 0.13 Co 0.13 O 2 exhibits the highest capacity retention rate at 1, 2, and 5 C after 200 cycles, which were 84.3%, 85.4%, and 86.3%, respectively. The discharge specific capacity was almost 1.3, 1.4, and 1.4 times that of the pristine electrode. In addition, the 3% LiCeO 2 electrode exhibited the least voltage decay of 0.409, 0.497, and 0.494 V at 1, 2, and 5 C, which was only about half of the pristine electrode. It should not be overlooked that the 3% LiCeO 2 electrode still exhibits a high capacity at high current densities of 1250 mA g −1 (5 C) and 2500 mA g −1 (10 C), and its specific discharge capacities are 190.5 and 160.6 mAh g −1 , respectively. These outstanding electrochemical properties benefit from surface-functionalized LiCeO 2 coatings. To better understand the mechanism of oxygen loss of lithium-rich materials, we propose the lattice oxygen migration path of the LiCeO 2 -coated electrodes during the cycle. Our research provides a possible solution to the poor rate capability and cycle performance of cathode materials through surfacefunctionalized coatings.