place_order

Place a new order (⚠️ WARNING: Can use real funds on mainnet)

SERVERBybit SOURCEbybit-mcp-server

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/place-order.md

WHAT IT DOES

What place_order does on Bybit

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

RISK

Why place_order is rated Critical

This tool directly commits financial obligations by placing trading orders on Bybit, potentially using real funds. It is the highest severity financial action an AI agent could misuse, as it can result in real monetary losses if triggered incorrectly or maliciously.

From the tool's definition 'Place a new order' and '⚠️ WARNING: Can use real funds on mainnet'

Attacks that exploit this kind of access

RECOMMENDED RULE

The rule that runs place_order safely

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

place_order Approval-gated

Any call to place_order 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": {
    "place_order": {
      "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, apply this rule, and every place_order call is checked against it from then on.

FAQ

Questions about place_order

What does the place_order tool do? +

Place a new order (⚠️ WARNING: Can use real funds on mainnet). It is categorised as a Financial tool in the Bybit MCP Server, which means it involves financial transactions. Block by default and require explicit approval.

How do I enforce a policy on place_order? +

Register the Bybit MCP server in PolicyLayer and add a rule for place_order: 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. Nothing to install.

What risk level is place_order? +

place_order 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 place_order? +

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

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

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

KEEP EXPLORING

More on Bybit, and thousands of servers like it.

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place_limit_order on Lighter MCP →place_order on MCP MetaTrader 4 Server →place_order on A2a Demos →place_order on Groww MCP Server → All critical-risk MCP tools → The MCP Attack Database →

Guides

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