One of the recent challenges in Li–O2 battery technology is the cycle life, which can be severely shortened by cathode passivation induced by discharge product accumulation; this can be eliminated by reducing the amount of discharge products. Herein, we report a feasibility study on the development of a Ga–Sn liquid metal (LM)-functionalized multiwalled carbon nanotubes (MWNTs) cathode. In a comparison of MWNT, LM, m-LM/MWNT (pre-mixed LM and MWNTs), and LM/MWNT (LM-modified MWNTs) cathodes, morphology analysis showed that small Li2O2 flakes rather than large crystals grow on the conductive Ga–Sn LM and MWNTs of the LM/MWNT cathode only. The decomposition of the flaky Li2O2 on the LM/MWNT cathode occurred at lower charge overpotentials, resulting in low polarization; thus, the cathode passivation and the consumption of the Li anode were both alleviated during the cyclic process. The LM/MWNT cathode significantly improved the cycle life, rate performance, and ultimate capacity of Li–O2 batteries.