api_ultrade_market_cancel_orders

Cancel multiple open orders

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/api-ultrade-market-cancel-orders.md

WHAT IT DOES

What api_ultrade_market_cancel_orders does on Algorand MCP

AI agents use api_ultrade_market_cancel_orders 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 api_ultrade_market_cancel_orders is rated Critical

Cancelling open orders on a trading/financial platform directly affects financial positions and commitments. On the Algorand blockchain context with trading markets (limit orders, market orders, positions), cancelling orders is a financial operation that modifies active trading obligations.

From the tool's definition Cancel multiple open orders

Attacks that exploit this kind of access

RECOMMENDED RULE

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

api_ultrade_market_cancel_orders Approval-gated

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

FAQ

Questions about api_ultrade_market_cancel_orders

What does the api_ultrade_market_cancel_orders tool do? +

Cancel multiple open orders. 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 api_ultrade_market_cancel_orders? +

Register the Algorand MCP server in PolicyLayer and add a rule for api_ultrade_market_cancel_orders: 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 api_ultrade_market_cancel_orders? +

api_ultrade_market_cancel_orders 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 api_ultrade_market_cancel_orders? +

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

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

api_ultrade_market_cancel_orders 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.

KEEP EXPLORING

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