DYOR

What does DYOR stand for?

Do your own research

On social media and in Internet forums, DYOR means "do your own research." Posters use this acronym to tell others to do their own research about everything from cake recipes to vaccines. However, DYOR is most commonly used in the crypto community, as a warning to think twice before purchasing a cryptocurrency.

Why is DYOR used so commonly in the crypto community?

Crypto markets are largely unregulated, so currency creators and purchasers can game them in a variety of ways. For example, a currency's creator might drain the currency of its liquidity, a move known as a rug pull. Or, a currency creator might pretend a currency is endorsed by celebrities, to drive up the currency's price.

To help crypto noobs avoid getting scammed, seasoned investors may tell them to DYOR, especially when a new coin seems too good to be true. On the flip side, those who are trying to scam others may also tell them to DYOR, in hopes the potential purchaser's research will turn up misinformation that encourages them to buy.

Example

I'm gonna buy a ton of WorthlessCoin, but you should definitely DYOR
DYOR is often tacked onto posts extolling a project's value, as a CYA
DYOR is often tacked onto posts extolling a project's value, as a CYA

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Updated June 15, 2022

DYOR definition by Slang.net

This page explains what the acronym "DYOR" means. The definition, example, and related terms listed above have been written and compiled by the Slang.net team.

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