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Kittenswap (veKITTEN)

Kittenswap is a community-owned ve(3,3) DEX on HyperEVM with no VC backing. veKITTEN holders govern emissions and earn swap fees, bribes, and gauge voting rewards.

What is veKITTEN?

Lock KITTEN tokens to receive a veKITTEN NFT representing your locked position. This grants:

  • Voting power to direct KITTEN emissions to liquidity pools
  • Swap fees from the pools you vote for
  • Partner bribes from protocols seeking liquidity
  • Gauge voting rewards for active participation

Lock periods range from 1 week to 2 years. Voting power decays linearly toward the lock end date.

What Makes Kittenswap Different

  • Community-owned: No VC backing; a large share of supply was airdropped to the community, aligning incentives with actual users
  • Kitten Cartel bribe program: Structured bribe program that creates consistent incentives for veKITTEN voters
  • HyperEVM native: Built for the Hyperliquid ecosystem, benefiting from HyperEVM's growing DeFi activity
  • Fair launch ethos: Community-first distribution with transparent governance

Discounts and Fees

Discounts change with Kittenswap's token price, market demand, and lock duration; live average and best discounts are on the veX analytics page. veX charges 1.5% on Kittenswap sales, paid by the seller only.

Things to Know

HyperEVM is early. Kittenswap is building on HyperEVM as the ecosystem matures. Early positions may benefit from ecosystem growth, but liquidity is still developing.

Community governance is active. Kittenswap's no-VC model means governance decisions are driven by the community. Active participation in voting and governance discussions can influence protocol direction.

Rebases transfer with the NFT. Unclaimed rebases come with the position when purchased. Factor this into your valuation.

Active management required. Weekly voting maximizes returns from fees and bribes. Missing epochs means missing rewards.

Delist Before Merging

If you merge a listed veKITTEN with another position, the listing stays active at the original price but now includes the combined amount. Always delist first, then merge, then relist.

How do I sell a locked veKITTEN position?

You can sell a locked veKITTEN position on veX without waiting for the lock to expire. The buyer takes over the locked KITTEN and the remaining lock time.

Connect the wallet holding the veKITTEN and open your veX dashboard. The position appears under Positions, where you can list it. Set a price, or set a discount to the locked value and let veX work out the price. You approve the NFT once, then confirm the listing.

That approval only lets the marketplace move the NFT when someone buys it. veX is non-custodial, so the position stays in your wallet, keeps earning and voting, and you can delist whenever you want. veX charges 1.5% on Kittenswap sales, paid by the seller.

What is a locked veKITTEN position worth?

A veKITTEN position usually sells for less than the KITTEN locked inside it, because the buyer is taking on the rest of the lock. The seller chooses that discount.

Live Kittenswap discounts are on the veX analytics page.

Contracts

  • veKITTEN contract: 0x29d3A21fF35a519E00cF6d272f2aD897b109BD84
  • KITTEN contract: 0x618275F8EFE54c2afa87bfB9F210A52F0fF89364

These render from the live veX registry:

Browse Kittenswap listings on veX