Hydrogen is considered as a desirable clean energy source for supporting human life in the future. Electrochemical water splitting is a promising method for generating carbon-free hydrogen. However, the relatively high overpotential of anodic oxygen evolution reaction (OER) is the main obstacle hindering the widespread popularity of water electrocatalysis technology. Recently, urea oxidation reaction (UOR) has gained significant attention as a potential alternative to OER for hydrogen production since the equilibrium potential of UOR is 0.86 V lower than that of OER. Transition metal-based layered double hydroxides (TM-LDHs) have been explored as promising UOR electrocatalysts, with the advantages of diversified metal species, stable twodimensional layered structure and exchangeability of interlayer anions. To date, most studies have focused on TM-LDHs of late transition metals (e.g., Ni, Co, and Fe). In this work, by combining early and late transition metals, CoV-LDHs nanosheets were fabricated via a simple one-step coprecipitation method as high-performance UOR electrocatalysts. Additionally, cobalt hydroxide (Co(OH)2), with a similar lamellar structure, was synthesized via the same method. When compared with Co(OH)2, CoV-LDHs nanosheets exhibited better UOR performance owing to the following advantages: 1) The nanosheet structure of the as-fabricated CoV-LDHs electrocatalyst exposed a high number of active sites for the electrocatalytic conversion of urea. 2) The introduction of V enhanced the wettability of the CoV-LDHs electrocatalyst; thus, increasing its intrinsic electrocatalytic kinetics. 3) The d-electron compensation effect between Co (3d 7 4s 2 ) and V (3d 3 4s 2 ) was conducive to promoting the adsorption of urea. Therefore, the CoV-LDHs electrocatalyst exhibited a low electrochemical potential (1.52 V vs. the reversible hydrogen electrode, RHE) to achieve a current density of 10 mA•cm -2 in 1 mol•L −1 of potassium hydroxide containing 0.33 mol•L −1 urea, which was 70 mV less than that of Co(OH)2. The Tafel slope value of the CoV-LDHs electrocatalyst (99.9 mV•dec −1 ) was lower than that of Co(OH)2 (115.9 mV•dec −1 ), indicating faster UOR kinetics over the CoV-LDHs electrocatalyst. Furthermore, the CoV-LDHs electrocatalyst displayed high stability, with a negligible potential increase after a 10-h chronopotentiometry test by maintaining the current density of 10 mA•cm −2 . In conclusion, the present work not only shows that the d-electron compensation effect between early and late transition metals could adjust the local electronic structure of TM-LDHs to improve the UOR efficiency, but also provides a feasible route to design dedicated nanostructured TM-LDHs as high-performance UOR electrocatalysts.