
Delpho

Delpho
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Delpho
Delpho introduced Prism Pass, a pre-season qualification program designed to reward active participants in the Hyperliquid ecosystem. Although there’s been no official confirmation of a token or airdrop, Prism Pass sets up a merit based tier structure that grants priority access to Season 0, eligibility for pre-deposits, and exclusive community roles.
The program measures onchain activity over the past 90 days across Hyperliquid and HyperEVM. Users are placed into tiers: Bronze, Silver, Gold, and Obsidian Tiers are based on an HL Score that factors in trading volume, protocol engagement, liquidity provision, and high quality referrals.
A snapshot will be taken on January 18, 2026 at 23:59 UTC and after that, scores lock and benefits are allocated according to final tier standings.
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About Delpho
Delpho is an atomic stablecoin protocol on Hyperliquid that leverages perpetual funding rates to mint stable assets. Users can mint dUSD while staying fully exposed to HYPE as their collateral, creating a yield-bearing stablecoin without needing to sell their position or juggle complicated, cross-platform strategies.
Designed for capital-efficient users looking for blue-chip yields native to Hyperliquid, Delpho uses a CDP (Collateralized Debt Position) model that plugs perpetual funding directly into the system, generating built-in yield for stablecoin holders.