transfer_erc20

Transfer ERC20 tokens to another address

SERVEREVM MCP Server SOURCEchulanpro5/evm-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/chulanpro5-evm-mcp-server/transfer-erc20.md

WHAT IT DOES

What transfer_erc20 does on EVM MCP Server

AI agents use transfer_erc20 to commit financial operations through EVM MCP Server, usually the final step of a payment, billing, or trading workflow. A call moves real money.

RISK

Why transfer_erc20 is rated Critical

Transferring ERC20 tokens constitutes direct movement of financial assets and creates irreversible blockchain transactions. This is a financial operation rather than merely Execute because it inherently involves transfer of value. An AI agent with misuse could drain wallets, steal funds, or cause significant financial harm.

From the tool's definition Tool description: 'Transfer ERC20 tokens to another address'. ERC20 tokens represent financial value on EVM blockchains.

Attacks that exploit this kind of access

RECOMMENDED RULE

The rule that runs transfer_erc20 safely

PolicyLayer is an MCP gateway: it sits between your AI agents and EVM MCP Server, and checks every tool call against a rule you set before the call runs. Nothing changes on the server itself. For transfer_erc20, this is the rule to start with:

transfer_erc20 Approval-gated

Any call to transfer_erc20 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": {
    "transfer_erc20": {
      "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 EVM MCP Server, apply this rule, and every transfer_erc20 call is checked against it from then on.

FAQ

Questions about transfer_erc20

What does the transfer_erc20 tool do? +

Transfer ERC20 tokens to another address. It is categorised as a Financial tool in the EVM MCP Server MCP Server, which means it involves financial transactions. Block by default and require explicit approval.

How do I enforce a policy on transfer_erc20? +

Register the EVM MCP Server MCP server in PolicyLayer and add a rule for transfer_erc20: 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 EVM MCP Server. Nothing to install.

What risk level is transfer_erc20? +

transfer_erc20 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 transfer_erc20? +

Yes. Add a rate_limit block to the transfer_erc20 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 transfer_erc20 completely? +

Set action: deny in the PolicyLayer policy for transfer_erc20. 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 transfer_erc20? +

transfer_erc20 is provided by the EVM MCP Server MCP server (chulanpro5/evm-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 EVM MCP Server, and thousands of servers like it.

This server

All 36 EVM 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 →