Delpho Prism Pass Airdrop Review for Hyperliquid Natives

What is Delpho?

Delpho is building a Hyperliquid-native, yield-bearing stablecoin and collateralized debt position (CDP) system. Instead of forcing traders to unwind their HYPE or other blue-chip exposure just to hold stablecoins, Delpho aims to let you keep your directional positions while minting a stable asset that earns embedded yield in the background. The protocol is designed specifically for Hyperliquid’s L1 and HyperEVM stack, so capital efficiency, composability and real execution under volatile market conditions are front and center.

In practice, Delpho wants to be the “native money” layer for Hyperliquid: a stablecoin that plugs directly into perps funding, vaults and other ecosystem protocols, instead of relying on external, bridged stables. Prism Pass is the first public step in that launch cadence, giving Delpho a way to find and rank the real Hyperliquid users before the stablecoin and Season 0 go live.

Our Experience Joining Delpho Prism Pass

Reviewer note: The AirdropBuzz team test-ran Delpho Prism Pass on a desktop browser (Chrome, Hyperliquid-connected wallet) and monitored how the HL Score populated from recent activity, how tiers were assigned, and how referral multipliers updated over several days.

Joining Prism Pass is intentionally low friction if you already live on Hyperliquid. As soon as we connected the same wallet used for perps trading and HyperEVM activity, the dashboard pulled in the last 90 days of onchain behavior and produced an HL Score almost instantly. From there, the app surfaced a clear tier (Bronze–Obsidian), a points breakdown, live multipliers and a leaderboard slot.

• Date joined: 20th Dec 2025
• Initial HL Score & tier: Obsidian - 5000 points 
• Actions already counted: Perps volume on Hyperliquid, a handful of HyperEVM interactions (lending/LP), plus ecosystem tenure.
• Referrals tested: Shared the referral link with a few known HL traders; only wallets with real activity showed up as “qualified”, as expected.
• Issues encountered: None critical; points updated in ~24-hour batches, so score changes are not real-time. Keep that in mind while farming.
• Leaderboard movement: Score increases from new activity and qualified referrals were reflected over the next daily update cycle.

From an airdrop-farming perspective, the UX hits a nice balance: the app tells you exactly where your points come from (trading, LP, lending, HyperEVM usage, referrals), what multipliers you’ve unlocked, and what’s blocking you from the next tier. This “legible scoring” is a big upgrade over opaque points systems where nobody really knows what moves the needle.

Time vs Reward: Is Delpho Prism Pass Worth Your Time?

The core question: should you actually bother with Prism Pass, or just keep farming other Hyperliquid plays?

For existing Hyperliquid natives, joining is almost a no-brainer. The system looks at your last 90 days of activity, so a lot of the work may already be done just by trading, LPing and using HyperEVM as usual. Your incremental time cost is essentially: connect wallet, sign to claim, skim the dashboard, and share a referral link with a few real HL friends. That’s why we scored the “Time Required” side very low (good) in the table above.

On the reward side, Prism Pass is not an explicit token airdrop yet. What you do lock in are tangible launch advantages: priority access during Delpho’s Season 0, pre-deposit eligibility for higher tiers, and social/reputation benefits via exclusive community roles. If Delpho becomes the dominant stablecoin/CDP layer on Hyperliquid, those early-cohort advantages could translate into strong upside when/if tokens or boosted yields are rolled out to top participants later.

The catch is reward certainty. There is no confirmed token or allocation map as of now, so you should treat Prism Pass as an asymmetric bet: low effort, medium ecosystem risk, potentially high future payoff if Delpho executes. If you’re brand new to Hyperliquid, spinning up fresh accounts and trading purely for this campaign might not be worth the added market risk versus starting with simpler HL plays first. In that case, check out our Hyperliquid airdrop and ecosystem guides, then circle back to Prism Pass once you’re genuinely active.

Risks & Things to Watch

Prism Pass itself mostly asks you to connect your Hyperliquid wallet and sign messages, but any time you plug in a wallet you’re taking on some platform risk. Always double-check the URL (https://prism.delpho.xyz) and avoid search ads or lookalike domains. Consider using a hardware wallet or at least a well-protected main account.

The bigger risks are around behavior: if you overtrade, over-leverage or ape into random HyperEVM protocols just to chase points, market risk can easily outweigh any future airdrop-style upside. Delpho also runs layered anti-sybil checks and reserves the right to manually review top accounts at snapshot, so obvious wallet-farming trees are likely to be filtered rather than rewarded. Treat this as a bonus on top of activity you’d do anyway, not a reason to gamble harder. None of this is financial advice; always do your own research.

Step-by-Step Guide: How to Join Delpho Prism Pass

1. Prepare your Hyperliquid setup
   • Use the same Hyperliquid account/wallet you already trade or LP with. Prism Pass looks back over the last 90 days, so changing wallets now could reset your history.
   • Make sure you’re comfortable with basic HL operations (deposits, perps trading, HyperEVM dApps). If not, learn those first.
2. Navigate to the official Prism Pass dashboard
   • Use the AirdropBuzz referral link: https://prism.delpho.xyz or type prism.delpho.xyz manually into your browser.
   • Bookmark the page to avoid phishing links later.
3. Connect your Hyperliquid wallet
   • Click “Connect wallet” on the Prism Pass page.
   • Select the account that actually has your Hyperliquid and HyperEVM activity.
   • Approve any non-spending signature prompts. Prism Pass needs to read your activity; it doesn’t need to move funds.
4. Generate your HL Score
   • After connection, Prism Pass scans roughly the last 90 days of activity on Hyperliquid and HyperEVM.
   • Your Base Score is derived from things like trading volume, number of trades, LP/lending usage, HyperEVM protocol interactions, and tenure.
   • You’ll see an HL Score plus a breakdown of where the points are coming from.
5. Claim your Prism Pass tier
   • Based on your Final Score, you’ll fall into one of four tiers:
     • Bronze: 0 – 999 points
     • Silver: 1,000 – 2,499 points
     • Gold: 2,500 – 4,999 points
     • Obsidian: 5,000+ points
   • Confirm or “claim” your tier if prompted. This may just be another signature to register your status.
6. Study your dashboard
   • Use the main dashboard panel to review:
     • Your Base Score and Final Score.
     • Active multipliers (claiming Prism Pass, ecosystem roles, referrals, etc.).
     • Your current tier and how far you are from the next one.
     • Your position on the global leaderboard.
   • This is your control panel for optimizing the remaining days before snapshot.
7. Earn and optimize your Base Score
   • Focus on real activity you’d be comfortable doing anyway:
     • Trade perps on Hyperliquid with sensible risk management.
     • Provide liquidity or lend where it fits your strategy.
     • Use reputable HyperEVM protocols (vaults, DEXes, money markets) to diversify your activity footprint.
   • Prism Pass rewards breadth and consistency over one-off size, so regular use across multiple protocol types is better than a single huge trade.
8. Leverage referrals (without farming)
   • Copy your unique referral link from the dashboard.
   • Share it with friends who are already legit Hyperliquid users or plan to become one.
   • Remember: a referral only becomes “qualified” after passing minimum activity thresholds, anti-sybil checks, and some time-based participation. Sybil trees and throwaway wallets are unlikely to count.
   • Treat referrals as a multiplier on top of real activity, not a replacement for it.
9. Track daily updates
   • Prism Pass updates points roughly every 24 hours, not in real time.
   • Check your dashboard once per day to see how recent trading, HyperEVM usage, and referrals are impacting your score.
   • Adjust your approach if certain actions aren’t moving the needle as much as expected.
10. Position yourself before the snapshot
    • The snapshot is scheduled for January 18, 2026 at 23:59 UTC. At that moment, scores and tiers freeze and the leaderboard is finalized.
    • Try to lock in your desired tier a few days before snapshot rather than panic-acting in the last hours.
    • After snapshot, focus shifts to what Delpho does with Season 0 and how Prism Pass tiers translate into concrete launch benefits.

Sources & Credits