Improving power efficiency (PE) and reducing roll-off are of significant importance for the commercialization of white organic light-emitting diodes (WOLEDs) in consideration of energy conservation. Herein, record-beating PE of 130.7 lm -1 and outstanding external quantum efficiency (EQE) of 31.1% are achieved in all-fluorescence two-color WOLEDs based on a simple sandwich configuration of emitting layer consisting of sky-blue and orange delayed fluorescence materials. By introducing a red fluorescence dopant, all-fluorescence three-color WOLEDs with high color rendering index are constructed based on an out-of-phase sensitization configuration, furnishing ultrahigh PE of 106.8 lm W1 and EQE of 30.8%. More importantly, both two-color and three-color WOLEDs maintain excellent PEs at operating luminance with smaller roll-offs than the reported state-of-the-art WOLEDs, and further device optimization realizes outstanding comprehensive performances of low driving voltages, large luminance, high PEs and long operational lifetimes. The underlying mechanisms of the impressive performances are elucidated by host-tuning effect and electron-trapping effect, providing useful guidance for the development of energy-conserving all-fluorescence WOLEDs.