DHTML is a combination of technologies used to create dynamic webpages. It uses HTML, JavaScript, CSS, and the DOM to allow animation, dynamic content changes, and interactivity. Some key features of DHTML include dynamic content, dynamic positioning of elements, dynamic styles, and data binding. Events and the DOM allow scripts to access and manipulate webpage elements. Dynamic styles and data binding provide ways to quickly change appearance and bind external data sources. DHTML enables animations, drop-down menus, and other interactive elements on webpages.