close_leverage

Close (or partially close) a leverage position. 10% increments.

Server Basis MCP Server launch-on-basis/mcp-ts
Category Financial
Risk class Critical
Parameters 00 required

What close_leverage does on Basis MCP Server

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

Why close_leverage needs a policy

Closing a leverage position is a financial operation that settles outstanding margin/leveraged trades, potentially realizing gains or losses and moving funds. On a DeFi protocol like Basis on BNB Smart Chain, misuse could result in premature position closure, significant financial loss, or liquidation-level consequences. This clearly falls under Financial, which is the most severe applicable category.

From the tool's definition 'Close (or partially close) a leverage position' — directly closes financial leverage positions, which are financial instruments involving borrowed capital on a trading protocol

Questions about close_leverage

What does the close_leverage tool do? +

Close (or partially close) a leverage position. 10% increments. It is categorised as a Financial tool in the Basis MCP Server MCP Server, which means it involves financial transactions. Block by default and require explicit approval.

How do I enforce a policy on close_leverage? +

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

What risk level is close_leverage? +

close_leverage 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 close_leverage? +

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

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

close_leverage is provided by the Basis MCP Server MCP server (launch-on-basis/mcp-ts). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.

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