What is Worm (WORM) Crypto?

Worm (WORM) crypto is an Ethereum based token that uses a private proof of burn system to convert permanently burned ETH into a scarce digital asset. The model combines capped supply with privacy features powered by zero knowledge proofs. Below, we explain how WORM works, its tokenomics, market data, and how to buy it.

Key Takeaways

• WORM is minted through a private proof of burn mechanism on Ethereum.
• The total supply is capped at 21 million tokens with a four year halving cycle.
• WORM trades on decentralised exchanges and can be tracked on Bitrue.

Trade with confidence. Bitrue is a secure and trusted crypto trading platform for buying, selling, and trading Bitcoin and altcoins. Register Now to Claim Your Prize!

How Worm (WORM) Crypto Works

Worm operates on the Ethereum mainnet and introduces a structured minting process known as private proof of burn mining. The mechanism can be understood in the following steps:

1. Burn ETH
   Users permanently burn ETH on-chain, reducing the circulating ETH supply.
2. Receive BETH
   After burning ETH, users obtain a burn receipt token called BETH, which represents proof of the burn.
3. Allocate BETH in an Epoch
   The network runs in defined reward periods known as epochs. Users commit BETH during an epoch to participate in mining.
4. Earn WORM
   At the end of the epoch, WORM tokens are distributed proportionally. The share depends on how much BETH a user commits compared with the total BETH committed in that period.

Zero knowledge proofs are integrated to improve privacy and reduce direct traceability between burn transactions and rewards. WORM also enforces a hard cap of 21 million tokens, with emissions reduced through a four year halving cycle.

More than 5.8 million WORM have been minted so far, and over 29 ETH have been burned, reflecting a controlled issuance model.

Read Also: Vitalik Buterin's New Ethereum Proposal: Details

WORM Tokenomics and Supply Metrics

WORM has a maximum supply of 21 million tokens. Around 72 percent of this supply is mineable through the private proof of burn mechanism. The remaining portion is pre mined and distributed across liquidity, token sale allocations, core team, advisors, private investors, foundation treasury, donors, testnet participants, and community incentives.

Key metrics include:

• Circulating supply of approximately 2.7 million WORM
• Market capitalisation of about 683,672 dollars
• Fully diluted valuation of around 1,344,021 dollars

Market capitalisation is calculated by multiplying the token price by circulating supply. The fully diluted valuation represents the theoretical market value if all 21 million tokens were already in circulation.

Historically, WORM reached an all time high of 0.2604 dollars and an all time low of 0.2447 dollars. It is currently trading slightly below its peak and slightly above its lowest level, suggesting a relatively narrow price range so far.

Over the past seven days, WORM has recorded no price change, underperforming the broader crypto market and comparable Ethereum ecosystem tokens.

Read Also: 7 Upcoming Crypto Airdrops 2026: Claim Free Crypto

Market Performance 

WORM records a daily trading volume of around 10,239.90 dollars, reflecting a recent decline in activity. The token is traded on decentralised exchanges, with Cypher hosting the most active WORM WETH trading pair.

Before buying, review trading fees, liquidity conditions, and market volatility. Cryptocurrency prices can fluctuate significantly within short periods.

Read Also: Top AI Crypto Airdrops to Farm in 2026: Testnet & Points Guide

Conclusion

Worm (WORM) crypto is an Ethereum based token built on a private proof of burn model that converts burned ETH into a capped digital asset. With a maximum supply of 21 million tokens and a four year halving cycle, it introduces structured scarcity through controlled emissions. Current data shows modest market capitalisation and relatively low trading volume. Understanding the mechanism, token distribution, and market conditions is essential before deciding to buy or hold WORM.

FAQ

What is Worm (WORM) crypto?

WORM is an Ethereum based token minted through a private proof of burn system that transforms burned ETH into a scarce asset.

What is the maximum supply of WORM?

The total supply is capped at 21 million tokens with emissions reduced over a four year halving cycle.

Where can WORM be traded?

WORM can be traded on decentralised exchanges and accessed through platforms such as Bitrue.

What is the current market capitalisation?

The market capitalisation is approximately 683,672 dollars based on the circulating supply.

How can I buy WORM on Bitrue?

You can register on Bitrue, deposit funds, and follow the official how to buy guide for WORM to complete your purchase.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.