Pixiu is a symbol for wealth, good fortune, and protection. It is believed to be loyal to its owner and protects them from harm and wards off evil spirits.
There are different Chinese legends that explain Pixiu mythology and what the Pixiu means. Most indicate that the Pixiu was the youngest of the nine children born of the legendary Dragon King. It’s said that on one occasion, the Pixiu visited the Jade Emperor and defecated all over the palace floor. As a result, the Jade Emperor sealed the Pixiu’s bottom, and it could no longer excrete and have such an accident again.
Pixiu mythology also discusses how the Pixiu eats valuable jewels, silver, and gold, but this never leaves its body (remember the sealed bum?). Therefore, the Pixiu became a symbol of abundance and wealth because it consumes treasures but never releases them. So what does a Pixiu do? It is believed that it can receive and hold wealth for its owner.
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Faith’s Treasures 