Worm affiliate program review: half of a 2–4% fee on markets you create, and no referral program yet

Worm is a prediction market on Solana that launched on 16 October 2025 with a thread on X promising creators “2.5% fees on every trade”. A year later it still has no affiliate program: its referral FAQ, read on 8 October 2026, says a platform-wide referral program “is still planned”. What it has instead is a creator fee. Anyone who opens a market keeps 50% of the trading fees collected on it, paid “immediately as trades happen”. The fee itself is not on any documentation page, but the platform’s public market data reports it: 2% on maker fills and 4% on taker fills on user-created markets. So the offer is 1% of maker-side and 2% of taker-side value, on markets you build, seed and promote yourself. We read the documentation, the market data, the launch thread, the WormCup Telegram channel and DefiLlama’s ledger on 8 October 2026. Our score is 5.5/10.

Who runs the program

Worm calls itself “a permissionless prediction layer on Solana, powered by AI”. Its product overview describes two products. Leveraged markets are curated by the team, offer 1x to 3x exposure and are priced by aggregating order books from other prediction-market platforms; the API reference names “Polymarket and Hyperliquid margin backends”. User-created markets are plain order books that anyone can open for free, with the AI drafting the rules. Only the second product pays creators. The launch thread on X is dated 16 October 2025, and the live application was listing markets across sports, politics, crypto, tech and finance when we checked.

The company behind it is not named anywhere we could find. Nass Diba is introduced as “Founder & CEO, Worm” in an episode of The Index Podcast published 23 August 2026. DefiLlama’s listing shows $4.5m raised. That is the extent of the public record. The documentation has no legal section; worm.wtf links to no terms of service or privacy policy, and the paths /terms and /privacy return the trading application itself. A creator therefore has no written counterparty for the 50% promise, no governing law and no notice period for changes.

Nor is there a regulatory position to report. Neither “Worm” nor “worm.wtf” appears in the CFTC’s list of designated contract markets, and without an operator name that is only a brand-name check. The site publishes no restricted-country list for traders or creators, and we saw no geographic block from either of the two countries we opened it from. Readers in the United States should assume the question of whether they may trade on Worm is unanswered, not answered in their favour.

Commission structure

The published creator rate is a flat 50% of the trading fees collected on the markets you create. The earnings FAQ puts it in one sentence: “You earn 50% of all trading fees collected on your market, paid out immediately as trades happen with no waiting for resolution.” There is no “up to”, no tier ladder, no CPA and no sub-affiliate share. The earnings page assigns the other half to Worm and limits the model to “permissionless markets created by users”; leveraged markets “are curated by the team and are not currently open for user creation”.

What the documentation never states is the fee. The platform’s market-detail endpoint does. Every user-created order-book market we opened on 8 October, from a market opened on launch day to three opened in the first week of October, reported the same configuration: a 2% maker fee rate and a 4% taker fee rate, order sizes between 10 and 1,000 USDC, and a 1,000-share ceiling per order. Worm’s own leveraged markets carry a different schedule, a 1% opening and 5% closing fee, which does not concern creators.

Per 1,000 USDC of fills on your market	Fee at the reported rate	Your 50%
Maker fills (resting limit orders)	20 USDC	10 USDC
Taker fills (market orders)	40 USDC	20 USDC

Two cautions. The launch thread of 16 October 2025 told creators they would “earn 2.5% fees on every trade”, which was half of a 5% fee, and DefiLlama’s fee adapter still models Worm at “5% of the USDC amount bet”. The 2% and 4% rates are what the platform reports today; we did not place a trade to see what is charged. And the creator earns only on fills in that market. A trader who reads your market and then trades Worm’s own sports markets earns you nothing.

For a publisher the arithmetic is simple and unforgiving. To earn 100 USDC you need 5,000 USDC of taker fills or 10,000 USDC of maker fills in markets you created, and someone has to be on the other side of every one of them. The market mechanics guide says user-created order books “start empty”; the boost FAQ says “There are no boost plans, but high-quality markets may get promoted.” Worm does run a separate Liquidity Rewards scheme that pays a daily pool to resting limit orders, but only on markets Worm selects, so a creator cannot count on it for their own.

The fee is also high by the standards of the programs we have reviewed. A 4% taker fee is roughly four times PRED’s and two and a half times Limitless’s; it pays the creator more per dollar traded and gives traders a reason to trade somewhere else.

Attribution and cookies

There is nothing to attribute. The creator is the account that opened the market, shown on the market card and in the market data, and the earnings follow the market, not the reader. No link, no code, no cookie, no first-click or last-click rule, no lifetime relationship. The documents say nothing about creators trading their own markets and nothing about identity checks for creators; the creation guide says “There’s no approval process, no listing fee, and no minimum.”

There is no exclusivity either. The market rules say “Duplicate markets are allowed”, and the duplicates FAQ adds that “Worm does not deduplicate markets.” A rival can open the same question an hour after you and share it with a bigger audience.

WormCup, the Telegram contest, attributed a referral when “someone joins through it and connects Telegram”, per its referrals page. From 11 July 2026 Worm counted only invites who actually predicted, and on 16 July it banned bot accounts from the leaderboard.

Payouts

Creator fees are paid “immediately as trades happen”, on-chain, in USDC on Solana, with no minimum and no claim step. That is the whole of the published payout policy. Nothing covers failed transfers, a wallet change, or what happens to creator fees when a market is re-resolved; the incorrect-resolution FAQ says trader “payouts are recalculated or refunded” and is silent on the creator’s half. We did not trace a creator payment from a trade to a wallet, so immediate payment is Worm’s promise, not a result we reproduced.

The two other Worm schemes have more rules than the creator one. Liquidity Rewards pay “once a day, at the end of the day (UTC)” with a $1 minimum; a day’s earnings below $1 are “discarded rather than paid” and do not roll over. WormCup’s withdrawal FAQ makes only “the profit from all your winning days” withdrawable, capped at the current balance, processed instantly with a five-minute gap between requests; prize money that has not yet been turned into trading profit stays “your trading balance, to keep trading with”.

The terms that bite

The problem is the absence of terms. No creator agreement, no terms of service, no privacy policy, no governing law, no venue, no termination clause, no notice period for changing the 50% or the fee rate, no clawback rule, no dormant-account rule, no incentivised-traffic rule, no country list. A creator who builds a market and an audience on Worm has a documentation page and the platform’s goodwill.

The rules that do exist concern the markets. The market rules draw one hard line, “Direct harm or death of a named individual”, and require an outcome “that can be confirmed from a real source” by a deadline. The supported-markets FAQ excludes “anything requiring on-chain data, such as checking wallet balances or token transfers”, which removes a large part of what a crypto publisher would want to ask.

Resolution is Worm’s. The oracle FAQ says “all markets are resolved by Worm’s AI, with a human review step before any resolution is finalized. There is no third-party oracle system (like UMA) and no open dispute process.” The launch thread had said: “Still 100% decentralized, powered by @UMAprotocol under the hood.” Whatever was true in October 2025, the current documents describe an internal process with a support ticket as the only appeal.

WormCup: the referral contest that ran for five weeks

WormCup is a Telegram mini-app Worm built for the 2026 FIFA World Cup, and it is the only referral program Worm has operated. Its channel dates the whole thing. The week-2 referral pool was $8,000 across 230 winners on 26 June, “up from $6,000” and 21 winners the week before, split as $7,000 for the top 220 referrers and $1,000 drawn among everyone with three or more invites. Week 4 paid 535 winners on 12 July, with “roughly half of all 3-invite users” winning “$6+”. Week 5, scored on active invites only, paid on 17 July, the same day Worm announced a $10,000 final prize pool. Spain won the final on 19 July and the weekly referral rounds stopped.

Getting the money out took longer than earning it. Rewards were released in phases from 19 July as worm.wtf trading balance. The phase-3 notice of 23 July required “at least 1 leveraged trade” within “24 hours from your notification” or “your prize gets clawed back”; phase 4 on 28 July allowed 48 hours; the 7 August round asked for one trade of any kind. Withdrawals went live on 29 August, limited to “your daily positive PnL”, with “the rest of your reward balance” kept as trading balance. On 21 August the channel was still telling users that “rewards are still rolling out in batches”, and the current FAQ repeats that line.

The documentation still describes WormCup’s weekly prizes in the present tense. The channel’s posts since 19 September are about copy trading, chart news markers and ATP tennis markets. None of these conditions is written into the creator offer, but they are the only evidence of how Worm pays out a referral reward, and a publisher should read them before promising readers cash.

What affiliates report

Trustpilot has no page for worm.wtf. We found no creator or referrer complaint of non-payment on Reddit, Bitcointalk or the affiliate forums, and no praise either; the creator fee has no public track record beyond one disclosure. BSC News, in a market round-up of 17 October 2025, states that it “receives affiliate fees from the Worm.wtf markets detailed in this article”, which is a publisher using the creator model the day after launch, and nothing more.

The money is small and measurable. DefiLlama showed, on 8 October, $39,568 of 30-day volume, $1,978 of fees and $1,102 of revenue. Its income statement attributes $2,770 of fees to “creator markets” in the second quarter of 2026, $18,550 in the third and $204 in the first eight days of the fourth, with half of each modelled as “fees to creators”: $1,390, $9,280 and $102. The adapter started counting on 4 May 2026 and sorts by on-chain program, not by who created the market, so these are the ceiling of what outside creators could have shared, not a record of what any of them received.

The public market data points the same way. The 100 markets listed as trending on 8 October were all created by Worm’s own account, as were all 100 in politics and all but one in finance. In the “WTF” category, 8 of 89 open markets had outside creators; two of them had traded, 17 trades and about $234 of volume in total, and six had never traded. Thirteen user-created markets dated between 14 September and 5 October sat in a “draft” state that the public data does not explain.

Worm against the alternatives

The three prediction-market programs we have reviewed pay publishers for referred trading; Worm pays creators for trades in their own markets. The per-1,000 column uses each program’s own published fee and share, read on 8 October 2026, so the rows compare what reaches the publisher per 1,000 USDC of qualifying trades.

Program	Published share and base	Attribution	Payment	Per 1,000 USDC of qualifying trades
Worm creator fee	50% of a 2% maker / 4% taker fee on markets you create	Follows the market, not the trader	Per trade, USDC on Solana, no minimum	10 to 20 USDC
Limitless referrals	10 to 40% of referred taker fees, tier set by your own volume ($0 to $20m)	First referrer, never reassigned	Daily, USDC, $1 minimum	1.50 to 6.00 USDC
PRED Partners	60% of trading fees for months 1 to 6, 20% for months 7 to 24	Last click, 30-day window	Within 30 days of month end, $100 minimum	6.00 USDC, then 2.00
Myriad builders	Negotiated share, “typically 1%” of eligible buys at most	Builder code on each buy	First Monday of the month, $500 minimum	Up to 10 USDC

Worm’s row is the largest and the hardest to collect. The others pay on whatever a referred trader does on the venue for a window of months or for life; Worm pays only while traders are filling orders in the specific markets you opened, against liquidity you have to find. Our Limitless review and PRED review set out those programs’ conditions, our Myriad review the builder-code model, and the exchange affiliate comparison covers the ordinary referral offers for publishers who would rather send traffic than make markets.

Verdict

5.5/10. In Worm’s favour: a flat, published 50% with no tiers and no “up to”; a fee rate that is visible in the platform’s own data; payment per trade with no minimum, no claim and no monthly cycle; and a contest history that shows Worm does pay out, even if slowly and with strings. Against it: no legal entity, no terms, no country list, no written protection of any kind for the creator; an “immediate” payout we could not trace; a venue that resolves its own markets with no dispute route; and third-party and on-platform data showing that user-created markets carry a few hundred dollars of volume a day across the whole platform.

A publisher with a specific, well-sourced event and an audience willing to trade it can test the model for the cost of an afternoon, because creating a market is free. Nobody should buy traffic for it, price a campaign on it, or describe it to readers as an affiliate program. It is a 50% share of a fee on markets you must make liquid yourself, offered by a platform that has not yet written down who it is.

FAQ

What is Worm’s affiliate commission?

Worm has no affiliate or referral commission; its FAQ says a platform-wide referral program is still planned. Market creators receive 50% of the trading fees collected on markets they open. The fee on user-created markets, read from the platform’s market data on 8 October 2026, is 2% on maker fills and 4% on taker fills, so the creator’s share is 1% and 2% of the value traded.

When does Worm pay creators?

Per trade, “immediately as trades happen, with no waiting for resolution”, in USDC on Solana, with no minimum and no claim step. We did not trace a payment and no published rule covers failed transfers or re-resolved markets.

Does Worm have a referral program?

Not for worm.wtf. The WormCup Telegram contest paid weekly referral prize pools during the 2026 World Cup, $8,000 across 230 winners in week 2, and its last weekly round paid on 17 July 2026. Those rewards were released as trading balance, required a leveraged trade to activate, and became withdrawable only as positive daily trading profit from 29 August.

Is the Worm affiliate program legit?

The creator fee is real, documented and live, and one publisher disclosed receiving it the day after launch. What is missing is everything a contract would normally supply: the paying company, governing law, restricted countries, a notice period and a dispute route. We found no non-payment complaints and no Trustpilot page.

Who can create markets on Worm?

Anyone with a Solana wallet, for free, with no approval. Markets must have an outcome verifiable from a public source by a deadline, may not concern the harm or death of a named person, and cannot yet depend on on-chain data such as wallet balances or token transfers. Leveraged markets are reserved to Worm’s team.

Does a creator earn from everything a reader trades on Worm?

No. The 50% applies only to fills in the markets that creator opened. Trades the same reader makes in Worm’s own sports, politics or crypto markets, or in a duplicate of your market opened by someone else, earn the creator nothing.

adbench.io does not promote gambling; this article is about the affiliate contract.

adbench.io earns nothing from the programs discussed here. We do not use referral links.