wileyonlinelibrary.compast few years, hybrid WOLEDs, combining the blue fl uorophors and longwavelength phosphors, have attracted substantial attention owing to the unique merits of high effi ciency and excellent stability. [ 2 ] In principle, to achieve a theoretical maximum internal quantum efficiency for hybrid WOLEDs, a prerequisite key is that all electrically generated singlet and triplet excitons must be effectively utilized for the white emission. [ 2,3 ] Enormous efforts have been devoted to simultaneously harvest both the singlet and triplet excitons in single-emissive-layer (single-EML), [ 4 ] and multi-emissive-layer (multi-EML) hybrid WOLEDs. [ 5 ] In the single-EML hybrid WOLEDs, the precise manipulation of phosphorescent emitter concentration in blue fl uorophore host is very necessary to suppress the singlet exciton transfer from the blue fl uorophore to the phosphors via Förster energy transfer. In this case, the phosphorescent dopant concentration and the property of used blue fl uorophore host have obvious effects on the device performance and there exist the problems of notorious spectrum shift with the increased operational voltages. Alternatively, the multi-EML counterparts provide a reliable strategy Thermally activated delayed fl uorescence (TADF)-based white organic lightemitting diodes (WOLEDs) are highly attractive because the TADF emitters provide a promising alternative route to harvest triplet excitons. One of the major challenges is to achieve superior effi ciency/color rendering index/ color stability and low effi ciency roll-off simultaneously. In this paper, highperformance hybrid WOLEDs are demonstrated by employing an effi cient blue TADF emitter combined with red and green phosphorescent emitters. The resulting WOLED shows the maximum external quantum effi ciency, current effi ciency, and power effi ciency of 23.0%, 51.0 cd A −1 , and 51.7 lm W −1 , respectively. Moreover, the device exhibits extremely stable electroluminescence spectra with a high color rendering index of 89 and Commission Internationale de L'Eclairage coordinates of (0.438, 0.438) at the practical brightness of 1000 cd m −2 . The achievement of these excellent performances is systematically investigated by versatile experimental and theoretical evidences, from which it is concluded that the utilization of a blue-green-red cascade energy transfer structure and the precise manipulation of charges and excitons are the key points. It can be anticipated that this work might be a starting point for further research towards high-performance hybrid WOLEDs.