The invention discloses a granular compound feed for the intermediate culture of sipunculus nudus. The feed comprises the following ingredients by weight percent: 32-40% of white fish meal, 5-11% of bean pulp, 4-8% of peanut meal, 6-10% of sargassum powder, 4-8% of shrimp shell meal, 2-5% of squid liver powder, 2-5% of beer yeast, 18-22% of flour, 2-4% of zeolite powder, 2-4% of fish oil, 0.5-2% of soya bean lecithin, 0.5-1% of composite mineral salt, 0.5-1% of composite vitamin and 0.05-0.08% of ethoxyquin. The nutritional ingredients in the feed disclosed by the invention can meet fast growth demand of the sipunculus nudus in an intermediate culture stage; the feed is good in stability in water, low in dissolution rate, small in pollution on a water body, good in palatability, and high in conversion rate; the particle size of the feed is suitable for the mouth diameter of the sipunculus nudus in the intermediate culture stage; the raw materials are reliable in resources and low in cost; and the preparation process is simple. When the feed disclosed by the invention is applied to feeding the sipunculus nudus in the intermediate culture stage, survival rate is high, growth speed is fast, the intermediate culture time of the sipunculus nudus is shortened, and the artificial breeding efficiency and the breeding production efficiency of the sipunculus nudus are improved.