Derive MCP

31 tools. 6 can modify or destroy data without limits.

4 destructive tools with no built-in limits. Policy required.

Last updated:

6 can modify or destroy data
25 read-only
31 tools total

Community server · catalogue entry verified 04/07/2026

How to control Derive MCP ↓

What Derive MCP exposes to your agents

Read (25) Write / Execute (2) Destructive / Financial (4)
Critical Risk

The most dangerous Derive MCP tools

6 of Derive MCP's 31 tools can modify, destroy, or commit something on every call — and an agent calls them with no built-in limits.

How to control Derive MCP

PolicyLayer is an MCP gateway — it sits between your AI agents and Derive MCP, and nothing reaches the server without passing your rules. These are the rules we recommend:

Block financial tools by default
{
  "execute_quote": {
    "deny_if": [
      {
        "conditions": [],
        "on_deny": "Requires human approval."
      }
    ]
  }
}

Financial tools should be explicitly enabled per use case, not open by default.

Deny destructive operations
{
  "cancel_all_orders": {
    "deny_if": [
      {
        "conditions": [],
        "on_deny": "Blocked by default. Requires approval."
      }
    ]
  }
}

Destructive tools should never be available to autonomous agents without human approval.

Rate limit write operations
{
  "send_rfq": {
    "limits": [
      {
        "counter": "send_rfq_per_hour",
        "window": "hour",
        "max": 30,
        "scope": "grant"
      }
    ]
  }
}

Prevents bulk unintended modifications from agents caught in loops.

Cap read operations
{
  "get_account": {
    "limits": [
      {
        "counter": "get_account_per_minute",
        "window": "minute",
        "max": 60,
        "scope": "grant"
      }
    ]
  }
}

Controls API costs and prevents retry loops from exhausting upstream rate limits.

  1. Create a free account and register Derive MCP — nothing to install.
  2. Add these rules — paste them, or build them visually. Tune the limits to your setup.
  3. Point your MCP client (Claude, Cursor, anything) at your gateway URL.
ENFORCE POLICY ON DERIVE →

Instant setup, no code required.

All 31 Derive MCP tools

READ 25 tools
Read get_account Get account details including subaccounts, rate limits, fee structure, and account status. Requires authentica Read get_balance Get account balance across all subaccounts including collaterals and open order margins. Requires authenticati Read get_collaterals Get collateral information for a subaccount including amounts, prices, and margin contributions. Requires auth Read get_currencies Get all available currencies (underlying assets) on the platform. Read get_deposit_history Get deposit history with transaction hashes and statuses. Requires authentication. Read get_funding_history Get funding payments history (paid and received). Requires authentication. Read get_funding_rate_history Get historical funding rate data for perpetual contracts with timestamps and rates. Read get_instruments Get all active instruments for a specified currency and type. Returns detailed information about tradeable ass Read get_liquidation_history Get liquidation events history across the platform. Read get_liquidation_price Get current liquidation price for an open position. Requires authentication. Read get_margin Get detailed margin information for a subaccount including maintenance margin, initial margin, and margin rati Read get_my_trades Get personal trade history with detailed trade information (side, price, fees, PnL). Requires authentication. Read get_open_orders Get all open orders for a subaccount with order status and details. Requires authentication. Read get_option_settlement_history Get historical option settlement data (expiry, settlement prices, PnL). Read get_orderbook Get real-time orderbook data for a specific instrument with bid/ask levels, depth, and spread. Read get_orders_history Get order history for a subaccount with filled, cancelled, and rejected orders. Requires authentication. Read get_positions Get all open positions for a subaccount including unrealized PnL, mark price, leverage, and liquidation price. Read get_rfqs Get active RFQs for a subaccount with quotes received. Requires authentication. Read get_spot_feed_history Get historical spot price feed data (index prices) with timestamps. Read get_subaccounts Get all subaccounts for a wallet with labels and creation timestamps. Requires authentication. Read get_ticker Get real-time ticker data for a single instrument (bid/ask, last price, 24h volume, Greeks for options). Read get_tickers Get ticker information for multiple instruments at once. More efficient than get_ticker when querying many ins Read get_trade_history Get tick-by-tick trade history with detailed trade information (price, size, buyer/seller, timestamp). Support Read get_withdrawal_history Get withdrawal history with transaction hashes and statuses. Requires authentication. Read margin_watch Get margin watch information showing accounts approaching liquidation. Requires authentication.

Related servers

Other MCP servers with similar tools — same risk classification, starter policies for each.

Questions about Derive MCP

Can an AI agent move money through the Derive MCP server? +

Yes. The Derive MCP server exposes 2 financial tools including execute_quote, place_order. Without a policy, an autonomous agent can call these with no spend caps, no rate limits, and no approval flow. PolicyLayer lets you block financial tools by default, require human approval, or set per-tool rate limits — enforced on every call.

Can an AI agent delete data through the Derive MCP server? +

Yes. The Derive MCP server exposes 2 destructive tools including cancel_all_orders, cancel_order. These permanently remove resources with no undo. PolicyLayer blocks destructive tools by default so they never reach the upstream server.

How do I prevent bulk modifications through Derive MCP? +

The Derive MCP server has 1 write tools including send_rfq. Set a rate limit in your policy -- for example, 10 calls per hour prevents an agent from making more than 10 modifications per hour. PolicyLayer enforces this at the gateway, before calls reach Derive MCP.

How many tools does the Derive MCP server expose? +

31 tools across 4 categories: Destructive, Execute, Read, Write. 25 are read-only. 6 can modify, create, or delete data.

How do I enforce a policy on Derive MCP? +

Register the Derive MCP server in PolicyLayer, apply the suggested rules above (adjust the limits to your use case), and point your AI client at the PolicyLayer proxy URL instead of the server directly. Your agents keep the same tools; PolicyLayer evaluates every call against policy before it executes. Nothing to install, live in minutes.

Enforce policy on every Derive MCP tool call.

Deterministic rules across all 31 Derive MCP tools. Per-identity grants. Full audit log. Live in minutes. Nothing to install.

Instant setup, no code required.

31 Derive MCP tools catalogued and risk-classified — across an index of 43,000+ MCP servers.

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