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UP33 (veUP)

UP33 is the ve(3,3) DEX on Robinhood Chain. Locking UP into veNFTs gives holders governance power, a vote on where emissions go, and a share of protocol fees and incentives. veX brought the first veNFT marketplace to Robinhood Chain when UP33 listed in August 2026.

What is a veUP NFT?​

A veUP NFT is a locked UP position represented as an NFT with fully on-chain artwork. Locking UP grants:

  • Voting power to direct UP emissions to liquidity pools each epoch
  • Protocol fees and incentives from the pools you vote for
  • Governance over the UP33 protocol

Buying a veUP NFT on veX transfers the whole position (locked tokens, voting power, and pending rewards) in one on-chain transaction.

Trading veUP on veX​

  • Chain: Robinhood Chain (an Ethereum L2; gas is paid in ETH)
  • Fees: 2.5% seller fee, shown before you confirm a listing; see the fee structure
  • Zap: pay with other tokens in your wallet; see Zap payments
  • Live listings: browse UP33 on veX

Current discounts and volume for UP33 are on the veX analytics page.

Things to check before buying​

  • Permanent vs dated locks: permanent locks keep full voting power forever; dated locks decay toward their unlock date
  • Voting power vs locked amount: on dated locks, voting power is lower than the locked amount and shrinks over time
  • Current discount vs the market: compare against other live UP33 listings before you commit

How do I sell a locked veUP position?​

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

Connect the wallet holding the veUP 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 2.5% on UP33 sales, paid by the seller.

What is a locked veUP position worth?​

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

Live UP33 discounts are on the veX analytics page.

Contracts​

  • veUP contract: 0x5d321dE36F0bf98D92b291280514F3878582B7B6
  • UP contract: 0x57C0E45cB534413D1C20A4240955d6bB250BB4F1

These render from the live veX registry: