By thermal analysis of DyFe2: (1) hydrogen absorption; (2) hydrogen-induced amorphization (HIA); (3) the precipitation of BiF3-type DyH3; and (4) the decomposition of the remaining amorphous hydride occur exothermically with increasing temperature at 1.0 MPa H2. Tp/Tm (the peak temperature/the melting temperature of DyFe2) for hydrogen absorption, HIA, the precipitation of DyH3 and the decomposition of the amorphous hydride are 0.28, 0.36, 0.43 and 0.48, respectively, which are closely related with kinetics of the transformations. The peak temperature Tp for HIA shows a large and negative pressure dependence, but that for the precipitation of DyH3 shows a small and positive one. As a consequence of such pressure dependence, HIA overlaps with the precipitation of DyH3 at 0.2 MPa H2, while the crystalline hydride decomposes directly into α-Fe and DyH3 at 0.1 MPa H2. The activation energy EA for hydrogen absorption, HIA, the precipitation of DyH3 and the decomposition of the amorphous hydride are calculated to be 56, 75, 308 and 162 kJ/mol Dy, respectively, which are closely related with the mechanism of HIA. The mechanism of HIA is discussed on the basis of the experimental results.