You can "smash" the fraction from the top using \smash[t]. Like this:
\documentclass{article}
\usepackage{mathtools}
\begin{document}
\begin{equation}
\begin{dcases}
u = \smash[t]{\frac{\sqrt{2}}{2}(i+j)}\\
v = k
\end{dcases}
\end{equation}
\end{document}
The command \smash[b] would be useful for the last line.
Workaround: since I don't suppose you need it regularly, a manual tweak suggested by egreg is possible. Here, we increase the vertical space above the equation, and by grouping we ensure that the effect will be local.
\begingroup\addtolength{\abovedisplayskip}{4pt}\begin{equation}
\begin{dcases}
u = \smash[t]{\frac{\sqrt{2}}{2}}(i+j)\\
v = k
\end{dcases}
\end{equation}\endgroup