Moblin Trophy is a material found in Hyrule Warriors: Age of Calamity. It is used as an exchange item for quests.
In-game description: A battle honor awarded by the royal family in recognition of defeating a number of monsters. Words praising the heroic efforts of the recipient are emblazoned on it.
Obtained by defeating Moblins. Awarded at the end of a combat level (other than Divine Beast levels), one per KO of the enemy type.