alpha_cancel_order

Cancel an open Alpha Arcade order. Requires escrowAppId and orderOwner. Refunds USDC/tokens and ~0.957 ALGO collateral.

SERVERAlgorand MCP SOURCEgoplausible/algorand-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/goplausible-algorand-mcp/alpha-cancel-order.md

WHAT IT DOES

What alpha_cancel_order does on Algorand MCP

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

RISK

Why alpha_cancel_order is rated Critical

This tool cancels a financial order on a trading platform and triggers refunds of USDC, tokens, and ALGO collateral. It directly affects financial positions and asset flows on the Algorand blockchain, making it a Financial category action. Misuse could cancel legitimate open orders and disrupt trading positions, warranting high severity.

From the tool's definition Cancel an open Alpha Arcade order. Requires escrowAppId and orderOwner. Refunds USDC/tokens and ~0.957 ALGO collateral.

Attacks that exploit this kind of access

RECOMMENDED RULE

The rule that runs alpha_cancel_order safely

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

alpha_cancel_order Approval-gated

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

FAQ

Questions about alpha_cancel_order

What does the alpha_cancel_order tool do? +

Cancel an open Alpha Arcade order. Requires escrowAppId and orderOwner. Refunds USDC/tokens and ~0.957 ALGO collateral. It is categorised as a Financial tool in the Algorand MCP MCP Server, which means it involves financial transactions. Block by default and require explicit approval.

How do I enforce a policy on alpha_cancel_order? +

Register the Algorand MCP server in PolicyLayer and add a rule for alpha_cancel_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 Algorand MCP. Nothing to install.

What risk level is alpha_cancel_order? +

alpha_cancel_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 alpha_cancel_order? +

Yes. Add a rate_limit block to the alpha_cancel_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 alpha_cancel_order completely? +

Set action: deny in the PolicyLayer policy for alpha_cancel_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 alpha_cancel_order? +

alpha_cancel_order is provided by the Algorand MCP server (goplausible/algorand-mcp). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.

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