createChaseOrderStrategy

SERVERBybit MCP Server SOURCEbybit-exchange/trading-mcp

Critical RISK CLASS

Category Financial

Parameters 00 required

Recommended Approval-gatedsee the rule below

Registry record Grade F, identity unverified Pull the record →

This record as markdown: /tools/bybit-exchange-trading-mcp/createchaseorderstrategy.md

WHAT IT DOES

What createChaseOrderStrategy does on Bybit MCP Server

AI agents use createChaseOrderStrategy to commit financial operations through Bybit MCP Server, usually the final step of a payment, billing, or trading workflow. A call moves real money.

RISK

Why createChaseOrderStrategy is rated Critical

This tool places and continuously adjusts live limit orders on a cryptocurrency exchange (Bybit), directly committing financial obligations by executing trades. It automates order placement and price chasing in volatile markets, which could result in significant unintended financial exposure if misused by an AI agent.

From the tool's definition Creates a Chase Order strategy that continuously monitors market price and automatically adjusts order price to improve fill probability... Place limit order at chase price... Monitor market price continuously

Attacks that exploit this kind of access

RECOMMENDED RULE

The rule that runs createChaseOrderStrategy safely

PolicyLayer is an MCP gateway: it sits between your AI agents and Bybit MCP Server, and checks every tool call against a rule you set before the call runs. Nothing changes on the server itself. For createChaseOrderStrategy, this is the rule to start with:

createChaseOrderStrategy Approval-gated

Any call to createChaseOrderStrategy is blocked until a human approves it. The rest of the server keeps working.

View as policy code

policy.json

{
  "version": "1",
  "default": "deny",
  "tools": {
    "createChaseOrderStrategy": {
      "deny_if": [
        {
          "conditions": [],
          "on_deny": "Requires human approval."
        }
      ]
    }
  }
}

GATE THIS TOOL → Instant setup, no code required.

The button opens the PolicyLayer dashboard: create your workspace, connect Bybit MCP Server, apply this rule, and every createChaseOrderStrategy call is checked against it from then on.

FAQ

Questions about createChaseOrderStrategy

What does the createChaseOrderStrategy tool do? +

Creates a Chase Order strategy that continuously monitors market price and\nautomatically adjusts order price to improve fill probability.\n\nWhen to use:\n- You need fast execution but want better price than market order\n- Market is volatile and price is changing quickly\n- You want to stay near the top of order book without manual adjustments\n\nExecution behavior:\n1. Get current best bid/ask from order book\n2. Calculate chase price = best price ± chase offset (distance or percent)\n3. Place limit order at chase price\n4. Monitor market price continuously\n5. If price moves and current order is no longer competitive:\n - Cancel existing order\n - Recalculate chase price\n - Place new order at better price\n6. Repeat until fully filled or maxChasePrice reached\n\nPrice calculation:\n- Using chaseDistance:. It is categorised as a Financial tool in the Bybit MCP Server MCP Server, which means it involves financial transactions. Block by default and require explicit approval.

How do I enforce a policy on createChaseOrderStrategy? +

Register the Bybit MCP Server MCP server in PolicyLayer and add a rule for createChaseOrderStrategy: allow, deny, rate-limit, or require approval. Point your MCP client at the PolicyLayer proxy URL and the rule is enforced on every call, before it reaches Bybit MCP Server. Nothing to install.

What risk level is createChaseOrderStrategy? +

createChaseOrderStrategy is a Financial tool with critical risk. Critical-risk tools should be blocked by default and only enabled with explicit human approval.

Can I rate-limit createChaseOrderStrategy? +

Yes. Add a rate_limit block to the createChaseOrderStrategy rule in your PolicyLayer policy. For example, setting max: 10 and window: 60 limits the tool to 10 calls per minute. Rate limits are tracked per agent session and reset automatically.

How do I block createChaseOrderStrategy completely? +

Set action: deny in the PolicyLayer policy for createChaseOrderStrategy. The AI agent will receive a policy violation error and cannot call the tool. You can also include a reason field to explain why the tool is blocked.

What MCP server provides createChaseOrderStrategy? +

createChaseOrderStrategy is provided by the Bybit MCP Server MCP server (bybit-exchange/trading-mcp). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.

KEEP EXPLORING

More on Bybit MCP Server, and thousands of servers like it.

This server

All 380 Bybit MCP Server tools → Critical-risk tools on this server →

Across the catalogue

All critical-risk MCP tools → The MCP Attack Database →

Guides

Govern MCP payment tools →Human-in-the-loop →Tool call approval →