In the dual context of 'strong regulation + new technology' in the crypto market in 2026, beginners' DYOR lacks tool support, making it easy to fall into the misconception of 'judging by feeling.' In fact, with mainstream research tools, one can efficiently complete the basic verification of projects; by combining targeted risk investigation techniques, most fraud traps can be avoided. This article will focus on 'tool practice + risk identification' to provide beginners with actionable DYOR solutions.
First, build the core tool matrix for DYOR in 2026, covering all dimensions of 'fundamentals + on-chain data + risk warning.' For beginners, there is no need to master more than 50 complex tools; selecting 6 core tools is sufficient to meet basic research needs. The preferred tools for fundamental analysis are TokenTerminal and DefiLlama; the former covers comprehensive data of over 400 mature protocols, allowing users to view core indicators such as project income dynamics and user growth; the latter tracks the TVL and cross-chain traffic of over 3000 protocols, suitable for finding niche project data. For on-chain data analysis, Nansen and Dune are recommended; Nansen can track token flows and main capital behavior across 35+ networks, with its 'smart money' indicator helping beginners gauge market sentiment; Dune's visual dashboard presents user activity and ecosystem growth trends intuitively, especially suitable for researching AI + crypto and predictive market projects. Information aggregation and risk warning can be done using CryptoPanic and Web3alerts; the former summarizes crypto news and marks market impact, while the latter allows for custom project dynamic notifications, keeping track of key events such as token unlocks and audit updates.
The core skill of practical tool operation lies in "precise positioning + cross-validation". Taking a certain RWA government bond token project as an example, the first step is to use DefiLlama to check its TVL scale and fluctuations in the past 3 months to determine the market recognition of the project; the second step is to use TokenTerminal to check its asset custody institutions and the audit frequency of reserve assets to verify the authenticity of the assets; the third step is to track the distribution of the main token holders on Nansen. If there is a situation where a single address holds too much, be alert to the risk of concentrated selling; the fourth step is to search for relevant news about the project through CryptoPanic to check for any regulatory penalties or negative public opinion. By cross-validating through multiple tools, it can effectively avoid the misleading of single data and enhance research accuracy.
In response to the new characteristics of crypto crimes in 2026, a special risk checklist should be established. According to the regulatory trend predictions of the Ministry of Public Security, crypto crimes in 2026 will feature characteristics such as "penetrating strikes on capital pools" and "strict qualitative assessment of tiered rebates". Beginners need to focus on three major risk points. First, model risk: if a project has tiered rebate mechanisms such as "direct push income", "static income", or "dynamic income", or requires users to "invite others to upgrade", it is directly classified as high risk, as this type of model is clearly within the scope of regulatory crackdown on pyramid schemes. Second, funding risk: use on-chain tools to view the flow of funds in the project’s capital pool. If there are large amounts of funds frequently transferred to anonymous addresses, or if the scale of the capital pool is severely inconsistent with the publicity, it should be avoided immediately. Third, compliance risk: check whether the project has domestic filing qualifications. If it conducts promotion and publicity domestically without any compliance documents and uses the method of "substituted recharge" to exchange virtual currency, it is likely an illegal business project.
Beginners also need to master the skill of "lightweight code and audit report verification". There is no need to read the audit report word for word; focus on two points: the qualifications of the audit institution and the risk summary. Prioritize projects audited by leading institutions like Certik and SlowMist. If the report has unresolved high-risk issues, abandon it directly. Code repository checks can be done via GitHub, focusing on three indicators: recent code submission frequency (no updates in the last 3 months should raise alerts), number of developers' followers (the more, the higher the project’s attention), and the background of core contributors (whether they have experience in developing well-known projects). If the project is not open source or the open-source code seriously mismatches the advertised functionality, it is considered a high-risk project.
The essence of DYOR in 2026 is "tool empowerment + risk bottom-line thinking". Beginners only need to master the basic usage of core tools and strictly implement the risk checklist to effectively filter out most junk projects, achieving rational decisions in the crypto market.@帝王说币 #ETH走势分析 $BTC
