What is Delphy (DPY) crypto coin? The complete story of a dead prediction market token
Delphy (DPY) isn’t a crypto coin you buy to make money. It’s not even a crypto coin you hold as a curiosity. It’s a relic - a digital ghost from the 2017 ICO boom that stopped moving years ago. If you’re wondering what Delphy is, the answer isn’t about its technology. It’s about what happens when a project runs out of people, money, and purpose.
What Delphy was supposed to be
In 2016, Delphy launched as the first blockchain-based prediction market platform headquartered in China. Its goal was simple: let people bet on real-world events - like election results, sports outcomes, or stock movements - without relying on a central company to run the bets. Instead, it used Ethereum’s blockchain to make the whole system trustless. Anyone could create a market, anyone could place a bet, and payouts happened automatically through smart contracts.
The token, DPY, was the fuel. You needed it to create markets, place bets, and collect winnings. Delphy’s big idea was mobile-first. While other prediction markets required desktop apps or full Ethereum nodes, Delphy built a lightweight app that worked like a mini-node on your phone. No syncing. No lag. Just open the app, pick a question, and bet.
At its peak in early 2018, DPY hit $4.78. That wasn’t a typo. It was one of the highest prices any prediction market token ever reached. The hype was real. The vision was bold. But none of it lasted.
What happened to Delphy?
The same thing that happened to hundreds of other ICO projects: the money ran out, the team disappeared, and no one cared anymore.
By 2019, Delphy’s GitHub repository stopped updating. No new code. No bug fixes. No features. The official website, delphy.org, now redirects to a blank page. The Twitter account @DelphyOfficial last posted on December 15, 2019. The iOS and Android apps vanished from app stores in 2020. Telegram groups went silent. Reddit threads about Delphy are filled with comments like, “This is a dead project with a token that still floats around like a zombie.”
Today, the Delphy app doesn’t work. Even if you could install it, the servers it connected to are gone. The prediction markets you used to bet on? They’re all closed. The people who created them? They moved on. The only thing still running is the DPY token on the Ethereum blockchain - a digital fossil.
Delphy’s numbers tell the whole story
Here’s what Delphy looks like in 2025:
- Price: $0.00115 (down 99.97% from its all-time high)
- Market cap: $51,564 - less than the cost of a used car
- 24-hour trading volume: $11,547 - that’s less than 0.3% of its market cap. Healthy tokens usually have 5-20%.
- Token holders: 6,270 - down from 78,500 in 2018. That’s a 92% drop.
- Exchanges: Only two still list DPY. Neither has meaningful liquidity.
- Volatility: 33.72% - high, but meaningless when no one’s buying or selling.
There are no new markets being created. No new users signing up. No developers fixing bugs. The whitepaper still exists - archived on third-party sites - but it’s a museum piece. The technology was sound. The execution? Completely abandoned.
Why did Delphy fail when others survived?
Delphy wasn’t the only prediction market platform. Augur and Gnosis were bigger. Polymarket is growing now. So why did Delphy die while others barely survived?
First, it was based in China. In 2017, the Chinese government banned ICOs. Delphy lost its home base overnight. The team couldn’t raise more money. They couldn’t hire new people. They couldn’t even legally operate.
Second, it never built a community. Most successful crypto projects have passionate users who evangelize them. Delphy had users - but no advocates. When the price dropped, no one rallied. No one built tools. No one wrote tutorials. No one kept the app alive.
Third, it didn’t adapt. While Augur improved its interface and Gnosis launched new products, Delphy sat still. When mobile users started demanding better UX, Delphy didn’t update. When regulators cracked down on gambling-style markets, Delphy didn’t respond. It just faded.
Is DPY worth anything today?
Technically, yes. You can still buy DPY on two exchanges. You can still hold it in your MetaMask wallet. But it has no utility. You can’t use it to place bets. You can’t earn rewards. You can’t stake it. You can’t even access the original app.
People who still hold DPY are either:
- People who bought it in 2017 and forgot about it
- Speculators who think it’ll “come back” - despite zero evidence
- People who bought it cheap and are holding it as a curiosity
One user on CryptoSlate said they tried to sell 50,000 DPY and spent three days finding a buyer - and had to accept a 30% discount just to get rid of it. That’s not investing. That’s dumping trash.
What does Delphy teach us about crypto?
Delphy is a textbook case of why most crypto projects fail.
Technology alone doesn’t save a project. A good whitepaper doesn’t matter if no one’s using it. A big launch doesn’t mean long-term survival. What matters is:
- Continuous development
- A real community
- Adaptation to change
- Legal and operational sustainability
Delphy had none of that after 2019. It became a token with no purpose. A name with no team. A vision with no future.
Today, the prediction market space is led by Polymarket (regulated in the U.S.), Augur, and Gnosis. They’re growing. They’re updating. They’re adding features. Delphy? It’s a footnote.
Should you buy DPY now?
No.
There is no rational reason to buy DPY. It’s not an investment. It’s not a bet. It’s not a utility token. It’s a digital artifact. The chances of it ever recovering are effectively zero. Dr. James Wong from Stanford’s Center for Blockchain Research said it best in 2023: “Projects with less than 0.01% of their all-time high price and no development for three+ years have effectively zero chance of recovery.”
Delphy is at 0.024% of its peak. It’s been dead for five years. The market has moved on. The technology is irrelevant. The people are gone.
If you find DPY in your wallet, don’t panic. Don’t sell in a panic either. Just leave it there. It’s not worth anything - but it’s also not costing you anything. It’s a reminder: not every crypto project survives. Most don’t. And Delphy is one of the clearest examples of why.
Where to find Delphy today
You can still see DPY on:
- CoinMarketCap - for price and holder data
- CoinGecko - for market ranking and charts
- Etherscan - to view the smart contract: 0x6c2a...e9b391
- Archive.org - to read the old whitepaper or website
But don’t expect anything to work. The app is gone. The website is dead. The team is silent. The markets are closed. Delphy exists only as a line of code on a blockchain - and a lesson for everyone who thinks crypto is just about buying low and hoping for a miracle.
15 Comments
Sammy Tam
December 17 2025Delphy is the crypto equivalent of finding a VHS tape of your high school play in your attic. You remember when it felt important, but now it’s just dust and nostalgia. The tech was actually kinda cool for its time - mobile prediction markets on Ethereum? Bold. But no one stayed to clean up after the party.
That’s the real lesson here: crypto doesn’t die from bad code. It dies from bad humans. No one showed up to keep the lights on.
Chevy Guy
December 18 2025you think this was just bad luck? nah. the chinese team got scared when the gov shut down icos and the whole thing got buried under a pile of feds and subpoenas. delphy was never meant to survive. it was a front. the token was always gonna be a ghost. someone’s still pumping it on low-tier exchanges just to lure in the newbies. dont fall for it. this is a honeypot with a side of ghost story.
Sue Bumgarner
December 19 2025Let me tell you something, America doesn’t need some foreign crypto project telling us how to bet on elections. We’ve got our own damn markets. Delphy was a Chinese experiment that got crushed under its own arrogance. They thought they could outsmart the US with a phone app? Please. We didn’t need their half-baked blockchain betting when we already had legal sportsbooks.
And now they’re just a cautionary tale for anyone who thinks you can build a crypto empire without respecting American regulations. We don’t need your ghost tokens here.
Amy Copeland
December 20 2025Oh sweet jesus, another ‘dead crypto’ post. You really think people care about a token that crashed before most of us had smartphones? DPY at $0.00115? Congrats, you found the crypto equivalent of a deflated balloon in the backseat of a 2014 Honda. The only thing more tragic than its price is the fact someone still writes blog posts about it like it’s a Shakespearean tragedy.
Next up: ‘The Rise and Fall of My 2015 Bitcoin Wallet I Forgot About’.
Elvis Lam
December 22 2025Delphy’s failure isn’t unique - it’s predictable. Most ICOs in 2017 were built on hype, not infrastructure. They had whitepapers but no roadmap. Vision but no execution. The fact that Delphy even made it to mobile-first was impressive, but they didn’t plan for the long haul.
Compare that to Polymarket - they adapted to regulation, kept iterating, and built a real user base. Delphy didn’t. It’s not about the tech. It’s about whether the team had the discipline to outlast the hype. They didn’t. And that’s why we’re here talking about it as a corpse, not a case study.
Sally Valdez
December 23 2025you people are so naive. delphy didn’t die because of ‘bad leadership’ or ‘no community’ - it died because the whole crypto space is a rigged casino. the real winners were the insiders who dumped their DPY before the crash. the rest of us got left holding the bag while the devs vanished to bali with their eth.
and now you wanna act like this is some ‘lesson’? nah. it’s just another chapter in the same book: rich people get richer, suckers get schooled. delphy was never the problem - the system was.
Jonny Cena
December 24 2025I remember when I first heard about Delphy. I downloaded the app, placed a bet on the Super Bowl halftime show, and actually won a few DPY. It felt like magic - no middleman, just me and the blockchain.
It’s sad to see it gone. But here’s what I learned: if you’re building something that depends on people, you have to keep showing up. Even when the price drops. Even when the hype fades. Even when no one’s watching.
Delphy didn’t stop because the tech failed. It stopped because the people stopped caring. Don’t let that be your project.
Emma Sherwood
December 25 2025Delphy’s story hits different if you’re from outside the US. In places where financial systems are less stable, prediction markets aren’t a novelty - they’re survival tools. Delphy gave people in developing economies a way to hedge against inflation, politics, even weather.
It’s not just a dead token. It’s a lost opportunity for global financial inclusion. The fact that we’re mourning it as a crypto relic instead of a missed chance for real people… that’s the real tragedy.
Florence Maail
December 26 2025you know who really killed delphy? the feds. they didn’t shut it down directly - they just scared everyone into silence. the devs got spooked, the investors bailed, and the app got yanked. it’s not dead… it’s in witness protection.
and don’t you dare tell me it’s ‘just a ghost token’ - i’ve seen the blockchain activity. someone’s still moving dpys. quietly. in the dark. someone’s waiting for the right moment to bring it back. or maybe… they’re just laundering money through a dead project.
you think you’re smart for calling it dead? you’re just not looking hard enough. 😏
Tom Joyner
December 26 2025Delphy’s smart contract is still live on Etherscan. The code is clean. The logic is sound. The only thing missing is the will to maintain it.
It’s not a failure of technology. It’s a failure of institutional memory. No one bothered to archive the app’s UI, document the API, or preserve the community’s knowledge. We treat crypto like fast fashion - buy, hype, discard.
And now we’re surprised when the ghost lingers.
Kelsey Stephens
December 27 2025It’s heartbreaking to see how many people still hold DPY hoping it’ll bounce back. I’ve talked to a few of them - single moms, retirees, students. They didn’t buy it to gamble. They bought it because they believed in the idea.
You don’t have to buy it. But don’t mock them for holding on. Sometimes the last thing we cling to isn’t the money - it’s the hope that someone, somewhere, still believes in something better.
Terrance Alan
December 28 2025Delphy was never about prediction markets. It was about control. The team knew they couldn’t survive in the US. So they built it in China to avoid regulation, then vanished when the crackdown came. The token was always a decoy. The real play was moving the funds offshore before the Feds even knew what they were looking at.
Look at the transaction patterns. The top 10 wallets moved 87% of the supply in 2019. CoinMarketCap shows 6k holders? That’s the illusion. The real number of active participants? Less than 200.
This wasn’t a failed project. It was a heist dressed up as innovation. And now we’re all just cleaning up the bloodstains on the blockchain.
Kayla Murphy
December 28 2025Hey - I know this sounds crazy but hear me out. What if Delphy isn’t dead? What if it’s just… sleeping?
Think about it. The code is still there. The token still exists. The community might be quiet, but it’s not gone. Maybe it’s waiting for the right person to pick it up - someone who actually cares about decentralized prediction markets, not just quick flips.
It’s not too late to revive it. You don’t need millions. You just need one person with a laptop and a stubborn heart. I’m not saying you should buy DPY. I’m saying… don’t write it off. Not yet.
George Cheetham
December 30 2025Delphy reminds me of Sisyphus. The team pushed the boulder up the hill - the mobile app, the smart contracts, the vision - and just as it crested, the world changed. The regulators came. The money dried up. The team vanished.
But here’s the twist: the boulder didn’t roll back because they failed. It rolled back because the hill was never meant to be climbed. Crypto isn’t about building something beautiful. It’s about building something that survives the chaos.
Delphy didn’t lose because it was bad. It lost because it was too pure for this world.
Abby Daguindal
December 30 2025Anyone still holding DPY is either delusional or a crypto cultist. This isn’t a lesson - it’s a funeral. And you’re the one holding the flowers over a grave that’s been dug up and reburied five times already. Stop romanticizing dead tokens. It’s not nostalgia. It’s financial hoarding with a side of delusion.