redeem_leveraged_token

Redeem a leveraged token.

Server Bybit johnnywic/bybit-mcp
Category Financial
Risk class Critical
Parameters 00 required

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.

Why redeem_leveraged_token needs a policy

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

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.

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