Telephus Euergetes (Ancient Greek: Τήλεφος Εὐεργέτης, romanized: Tēlephos Euergetēs; Euergetes means "the Benefactor") was a late Indo-Greek king who seems to have been one of the weak and brief successors of Maues.

His few coins are rather singular and none of them bear his likeness, a rare occurrence in Indo-Greek coinage.

The silver coinage of Telephus is rare and mostly consists of drachms; only a few tetradrachms are known.

On the Greek side is a serpent-footed monster holding the stems of two plants, and on the Kharoshthi side two deities that probably should be identified with Helios and Selene, the sun and moon.

An example of one of his bronzes is seen above, The obverse is the common type of sitting Zeus making a benediction gesture, whereas on the reverse is the unique type of a squatting man holding what on some specimens looks like a spear, on others a palm branch.