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Mohamed Salah, Alexis Mac Allister and Harvey Elliott all failed from 12 yards as the Reds were beaten 3-2 on spot kicks after a 2-2 draw at Wembley on Sunday.
Hugo Ekitike and Jeremie Frimpong both netted in the first half either side of Jean-Philippe Mateta equalising from the spot before Ismailia Sarr struck a second leveller for Palace with 13 minutes remaining.
The ECHO was in attendance at Wembley and here we run the rule over Slot's players, who were eliminated from the Champions League last season after another woeful penalty shoot-out.
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Alisson Becker 8
Excellent stop when one-on-one with Mateta but no chance with eventual penalty.
Took heavy bang from Wharton second half.
Ibrahima Konate 6
Snuffed out a few Palace counters before interval but never totally convincing at the back up against awkward Palace forwards.
Subbed.
Dominik Szoboszlai 6
Got through plenty of work first half and long diagonal found Frimpong for second, but guilty of losing possession far too often during strange spell after break.
Curtis Jones 6
The more quiet of the engine-room triumvirate with primary focus helping to provide support for defence.
Subbed.
Mohamed Salah 6
Flitted in and out of the game as he looked to forge understanding with Frimpong down right.
Booked and subbed.
Cody Gakpo 6
Worked hard down the left in both directions but decision-making not always on point first half.
Subbed.
SUBS
Alexis Mac Allister (for Ekitike 71) 6
Rightly escaped penalty shout when ball struck arm but guilty of some overly ambitious passes and a poor shoot-out penalty.
Wataru Endo (for Jones 71) 6
Couldn’t quite provide the defensive composure to Liverpool’s midfield that was needed.
Harvey Elliott (for Wirtz 84)
Minutes for the attacking midfielder, who also missed from the spot in the finale.
Andy Robertson (for Kerkez 84)
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Instantly got involved down the left flank.