LBank Lists AUXR (Auxite Reserve) Token Backed by Precious Metals

LBank Exchange, a leading global cryptocurrency trading platform, listed AUXR (Auxite Reserve) on October 1, 2026, at 06:00am UTC. AUXR is a real-world-asset (RWA) token on Base (Ethereum L2), issued by Aurum Ledger Limited. Its value references a fixed-composition basket of precious metals - gold, silver, platinum, and palladium - priced at net asset value (NAV).

AUXR is used inside the Auxite app to gain precious-metal exposure and to convert to and from fiat at NAV. It is a standard, non-upgradeable ERC-20 (18 decimals) with no transfer tax and no holding limits. Reserve reporting is published at auxite.io/proof-of-reserves.

AUXR introduces a differentiated RWA structure that combines four major precious metals into a single NAV-anchored, exchange-tradable token. Rather than relying on direct physical redemption, AUXR uses a 1:1 paper-hedged reserve model through regulated metals counterparties and derivatives, allowing the product to maintain diversified metal exposure while potentially scaling liquidity more efficiently across centralized and decentralized markets.