executeRedeem

Place a sell order to redeem on-chain tokens for payment tokens.\nReturns an

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/executeredeem.md

WHAT IT DOES

What executeRedeem does on Bybit MCP Server

AI agents use executeRedeem 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 executeRedeem is rated Critical

This tool executes a financial transaction on a cryptocurrency exchange — specifically placing a sell order to redeem tokens for payment tokens. This constitutes a direct financial operation that moves or converts crypto assets, placing it in the Financial category with critical severity due to the potential for significant monetary loss if misused by an AI agent.

From the tool's definition Place a sell order to redeem on-chain tokens for payment tokens

Attacks that exploit this kind of access

RECOMMENDED RULE

The rule that runs executeRedeem 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 executeRedeem, this is the rule to start with:

executeRedeem Approval-gated

Any call to executeRedeem 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": {
    "executeRedeem": {
      "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 executeRedeem call is checked against it from then on.

FAQ

Questions about executeRedeem

What does the executeRedeem tool do? +

Place a sell order to redeem on-chain tokens for payment tokens.\nReturns an. 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 executeRedeem? +

Register the Bybit MCP Server MCP server in PolicyLayer and add a rule for executeRedeem: 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 executeRedeem? +

executeRedeem 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 executeRedeem? +

Yes. Add a rate_limit block to the executeRedeem 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 executeRedeem completely? +

Set action: deny in the PolicyLayer policy for executeRedeem. 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 executeRedeem? +

executeRedeem 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

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