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Security term

Due diligence (DYOR)

Checking a project yourself before putting money in.

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By the Orca Crypto teamUpdated 2026-09-28How we check this3 min readDefinition
Definition

Checking a project yourself before putting money in.

DYOR means do your own research, and it gets used to deflect responsibility as often as it gets used sincerely. Done properly it is a checklist: who is the team, is the contract verified and audited, is liquidity locked, what is the token distribution, who holds the largest wallets.

Ten minutes of this filters out most outright scams. It will not tell you whether something is a good investment.

In practice

Read the contract on a block explorer. If it is unverified, that alone is reason enough to walk away.

What people get wrong

That doing your own research means reading the project's own materials. That is reading their marketing. Real diligence means checking things the team does not control: the contract, the holders, the liquidity, and whether anyone attached their name to it.

Common questions

What is the minimum research before buying something?
Check who holds the supply, whether liquidity is locked, whether the contract can mint or blocklist, and whether the team has a history. That is ten minutes and it filters out most of the worst outcomes.
Is a project’s audit enough?
No. An audit says the code did what its authors intended at a point in time. It says nothing about whether the team is honest or whether the tokenomics work.

Where this comes up on the site

The guides that actually use this word, rather than a list of everything we have written.

Where to go next

More security terms

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