We fabricated phosphorescent organic light-emitting diodes (PhOLEDs) using thermally activated delayed fluorescence (TADF) material 10,10'-(4,4'-sulfonylbis(4,1-phenylene)) bis(9,9-dimethyl-9,10-dihydroacridine) (DMAC-DPS) with low concentration, which showed better performance compared with 1,3-bis(carbazole-9-yl) benzene (mCP) based devices. When the concentration of DMAC-DPS was 1wt%, the driving voltage of the device was only 3.3 V at 1 000 cd/m2, and the efficiency and lifetime of the device were effectively improved compared with those of mCP based devices. The result indicated that DMAC-DPS could?? effectively improve the performance of phosphorescent devices. We believe that the better device performance can be attributed to the optimization of the energy transfer process in the emitter layer and lifetime of triplet excitons by DMAC-DPS. The study may provide a simple and effective strategy to achieve high-performance OLEDs.