Auxite Reserve Index (AUXR) is an ERC-20 token on the Base network whose value is anchored to the net asset value of a basket of four precious metals: gold, silver, platinum and palladium. AUXR is structured as a paper-hedged reserve instrument rather than a claim on specific allocated bars. Metal exposure is maintained through metal derivative and unallocated positions held with a regulated metals broker and hedged 1:1 to the basket composition. Tokens are cash-settled at net asset value rather than redeemed for physical metal, which allows the instrument to scale with exchange liquidity without incurring per-trade physical settlement costs. The token is issued by Aurum Ledger Limited, a company registered in Hong Kong (Registration No. 79809097). The contract is deployed on Base (chain ID 8453) at 0xB145B8e9C02193d55454f534f917Cabe704FA042 and uses 18 decimals. AUXR forms part of the wider Auxite platform, which provides digital access to precious metals. AUXR trades against USDT on BitMart.