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Unicorn dust 

Dust you scrape off unicorns with a blade hand crafted by the jawas from Star Wars. This dust is very valuable and is worth around 23 Kraken teeth per Gram! You can snort it to become a unicorn for about 12 hours, or use it to teleport anywhere between 12 and 144 miles depending on the quality.
The ginger wanted to get the unicorn dust, but he was saddened to find out he was allergic.
Unicorn dust by Jawen July 8, 2014
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Unicorn Fart Dust

dismissive term to describe something valueless or insignificant
My boss dismissed my idea as unicorn fart dust, but six months later our competitor launched the exact same thing and made millions.
Unicorn Fart Dust by Bitboyjay February 16, 2026

Fairy dust and unicorn urine 

( according to Sen John Kennedy of Louisiana: what we, sarcastically speaking, can replace gas with if we permanently get rid of oil and natural gas- well without thinking about the consequences of such an action comme du monde
Senator Kennedy: If something akin to the colonial pipeline attack is repeated, what will we replace gas with? Fairy dust and unicorn urine?

SQUIGGLE DIGGLE FIGGLE PICKLE WICKLE UGLY CRUSTY DUSTY MOTHER FUCKING UNICORN MONIBROW UGLY ASS TICKLE DICKLE TIPSON BILLY BURGUR BOY BING BONG BACKER DOOEY

The most creative insult to get called on discord when you are the owner of the server
Owner(undercover): Do you think this server is run by idiots?
Troll: IF YOU WERE A MOD I THINK SO YES WITH UR SQUIGGLE DIGGLE FIGGLE PICKLE WICKLE UGLY CRUSTY DUSTY MOTHER FUCKING UNICORN MONIBROW UGLY ASS TICKLE DICKLE TIPSON BILLY BURGUR BOY BING BONG BACKER DOOEY

Dusting the unicorn 

Dusting the unicorn is slang for doing blow off a tranny hooker's hard cock, preferably while they wearing body glitter.
"Oh Rodney, you will never guess what happened this weekend! I was busted dusting the unicorn!"
Dusting the unicorn by Epizoic August 22, 2016

Dusty Unicorn

Doing a line of cocaine off someone's erect penis
Richard: "Hey Guys, I have blow, wanna do a dusty unicorn off my boner?"

"Hey, you ever done a dusty unicorn? Cause I got blow... And an erection"

Cocaine and an erection... All the ingredients you need for a dusty unicorn.
Dusty Unicorn by B-Jects March 12, 2025

Dusty Unicorn

Doing a line of cocaine off of an erect penis
Hey, I have cocaine and a boner! Wanna do a dusty unicorn ?

I did so many dusty unicorns off that guy's dick last night, my nose hurts.

They were doing so many dusty unicorns off me last night, I feel like my dick might fall off.
Dusty Unicorn by B-Jects March 24, 2025