redeem_leveraged_token

Redeem a leveraged token.

SERVERBybit SOURCEjohnnywic/bybit-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/johnnywic-bybit-mcp/redeem-leveraged-token.md

WHAT IT DOES

What redeem_leveraged_token does on Bybit

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

RISK

Why redeem_leveraged_token is rated Critical

Redeeming a leveraged token is a financial operation that converts a tokenized position back into base currency, committing a financial transaction on the Bybit exchange. This irreversibly executes a redemption trade with real monetary consequences.

From the tool's definition Redeem a leveraged token

Attacks that exploit this kind of access

RECOMMENDED RULE

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

redeem_leveraged_token Approval-gated

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

FAQ

Questions about redeem_leveraged_token

What does the redeem_leveraged_token tool do? +

Redeem a leveraged token. 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 redeem_leveraged_token? +

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

redeem_leveraged_token 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 redeem_leveraged_token? +

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

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

redeem_leveraged_token is provided by the Bybit MCP server (johnnywic/bybit-mcp). 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.

This server

All 245 Bybit tools → Critical-risk tools on this server →

Across the catalogue

build_redeem_withdraw_tx on Atv → All critical-risk MCP tools → The MCP Attack Database →

Guides

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