Crypto glossary

DYOR (do your own research)

Definition

DYOR, short for "do your own research", is crypto shorthand reminding people to check a project themselves before buying instead of trusting tips or hype.

DYOR is attached to countless crypto posts, videos and newsletters as a reminder, and often as a disclaimer, that the author is not responsible for anyone's decisions. The idea is that each investor should verify claims about a token or protocol before putting money in.

Doing real research in crypto usually means reading the whitepaper and documentation, checking who the team and backers are, looking at tokenomics and unlock schedules, verifying the contract address and whether it has been audited, and reviewing on-chain data such as holder concentration, liquidity and trading volume. Block explorers, analytics dashboards and audit reports make much of this information public.

The phrase is sometimes used by promoters to shift responsibility while shilling a project, so a DYOR tag does not make a recommendation more trustworthy. Research also has limits: audits miss bugs, teams can be anonymous and information can be staged. Its value lies in catching obvious warning signs before committing money.

Example

Before buying a new token, a cautious investor might spend an hour checking its contract on a block explorer and discover that one wallet holds 60% of the supply, a warning sign DYOR is meant to catch.

Related terms

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