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Although sensitizing traditional fluorescent dyes with thermally activated delayed fluorescence (TADF) exciplexes has been extensively studied, the device performance of solution‐processed organic light‐emitting diodes (OLEDs) still lags far behind in this regard. Herein, the novel exciplex with high up‐conversion efficiency composed of a triazatruxene‐based donor and a triazine‐based acceptor is employed as a TADF sensitizer to fluorescent dye in solution‐processed hyperfluorescent OLEDs. Benefiting from the small activation energy for triplet up‐conversion and less non‐radiative recombination of triplet excitons, the new TADF exciplex can up‐convert efficiently non‐radiative triplet excitons through reverse intersystem crossing. Besides, expeditious up‐conversion processes also shorten the residence time of triplet excitons, giving rise to significant suppression of detrimental Dexter energy transfer from the exciplex sensitizer to the dopant. By maximizing the triplet up‐conversion efficiency of exciplex sensitizers, the optimized OLEDs achieve a maximum external quantum efficiency (EQEmax) of 16.0%, which is the first report for the solution‐processed exciplex‐sensitized hyperfluorescent OLEDs with EQEmax exceeding 15%. These results validate that the up‐conversion efficiency of triplet excitons in the exciplexes strongly affects the performance of exciplex‐sensitized fluorescent devices, and the triazatruxene‐based molecules are promising donor candidates for constructing the exciplexes with high up‐conversion efficiency. [ABSTRACT FROM AUTHOR]