Delpho
Most stablecoins were built to be static. They hold value, but they do not work for you.
Delpho starts from a different assumption: capital should remain productive at all times ⚡
Not through offchain wrappers or opaque yield routes, but fully onchain, where execution, hedging, and settlement happen atomically.
By combining a CDP-based design with perpetual funding mechanics, Delpho introduces a new class of stablecoin: liquid, yield-bearing, and native to Hyperliquid’s execution layer.
Instead of layering yield on top of a stablecoin, Delpho embeds it directly into the system’s core mechanics, resolving the stablecoin trilemma in practice.
🪂 The Delpho Prism Pass Early Access is live, rewarding Hyperliquid activity ahead of launch.
By connecting a wallet, users receive a Prism Pass that tracks verifiable onchain participation across Hyperliquid. Points, tiers, and rankings determine priority access, pre-deposit eligibility, and exclusive roles as Delpho approaches launch.
It is a merit-based system where scores update daily, referral quality is preserved through activity-based integrity checks, and early contributors gain a measurable edge.
Delpho
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Step by step guide Delpho Airdrop
Claim the Prism Pass → Head to the Delpho Prism Pass page and connect the same wallet you use to trade on Hyperliquid to claim your Prism Pass.
Earn Prism Points → Your HL Score builds from Hyperliquid trading activity, HyperEVM usage, LP participation, lending, and ongoing ecosystem engagement.
📌 Scores update every 24 hours, reflecting progression across Bronze, Silver, Gold, and Obsidian tiers.
Strengthen your position → Share your unique referral link to invite others, with impact reflected through system-level multipliers and your position on the leaderboard.
Mint after snapshot → Scores stop updating at the snapshot on January 18, 2026 at 23:59 UTC, after which eligible wallets can mint their Prism Pass onchain as a soulbound token.
📌 Your tier determines priority access and pre-deposit eligibility as Delpho rolls out Season 0 and the dUSD launch.
* Follow @Delpho_Labs on 𝕏 and join the community on Discord to stay in sync.
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