DBM is the name for a 1,3-diketone, but the compound exists primarily as one of two equivalent enol tautomers.

Due UV-absorbing properties, derivatives of DBM such as avobenzone, have found applications as sunscreen products.

[3] Like other 1,3-diketones (or their enols), DBM condenses with a variety of bifunctional reagents to give heterocycles.

[citation needed] Dibenzoylmethane (DBM) is a minor constituent in the root extract of Licorice (Glycyrrhiza glabra in the family Leguminosae).

[5][6] DBM (and Trazodone) slow disease progression by preventing the cessation of protein synthesis in neurons.