Poor stability of CsPbBr3 perovskite nanocrystals (NCs) to moisture/heat/light has significantly limited their application as a green phosphor, despite their outstanding luminescent properties. Here, a remarkably stable CsPbBr3 NCsâsilica composite phosphor functionalized with surface phenyl molecules (CsPbBr3âSiO2Ph) is synthesized by controlling lowâtemperature hydrolysis and condensation reaction of perhydropolysilazane in the presence of CsPbBr3 NCs followed by phenylâfunctionalization. Through the process, CsPbBr3 NCs are confined in a compact silica matrix, which is impermeable to H2O. The synthesis strategy is extended to a classical red quantum dot, CdZnSeS@ZnS NCs, to fabricate a white light emitting diode (WLED) consisting of CsPbBr3âSiO2Ph and CdZnSeS@ZnSâSiO2Ph phosphor and silicone resin packaged on a commercial blue InGaN chip with luminous efficacy (LE) of 9.36 lm Wâ1. The WLED undergoes enhancements in both green and red photoluminescence over time to achieve a highly efficient performance of 38.80 lm Wâ1. More importantly, the WLED exhibits unprecedented operational stability of LE/LE0Â = 94% after 101Â hâoperation at 20Â mA (2.56Â V). The ultraâhigh operational stability and efficient performance are mainly attributed to thermal curing and aging through which grain growth occurs as well as deactivation of defect states by permeated atmospheric O2.