hl_spot_cancel

Cancel one or all spot orders for a market on Hyperliquid

SERVERWaiaas SOURCEminhoyoo-iotrust/waiaas

High RISK CLASS

Category Execute

Parameters 00 required

Recommended Rate-limitedsee the rule below

Registry record Grade F, identity unverified Pull the record →

This record as markdown: /tools/minhoyoo-iotrust-waiaas/hl-spot-cancel.md

WHAT IT DOES

What hl_spot_cancel does on Waiaas

AI agents invoke hl_spot_cancel to trigger actions in Waiaas. What it does depends on the arguments the agent supplies, and its effects often reach beyond the immediate call: builds kicked off, notifications sent, workflows started.

RISK

Why hl_spot_cancel is rated High

Cancelling spot orders on Hyperliquid terminates active trading orders on a financial exchange. While it doesn't directly move funds, it affects live financial positions and market operations. It's an external operation on a financial platform that triggers state changes in an exchange system.

From the tool's definition Cancel one or all spot orders for a market on Hyperliquid

Attacks that exploit this kind of access

RECOMMENDED RULE

The rule that runs hl_spot_cancel safely

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

hl_spot_cancel Rate-limited

hl_spot_cancel stays usable, but rate-capped: a runaway agent can't fire it dozens of times a minute. Everything else on the server is denied unless you say otherwise.

View as policy code

policy.json

{
  "version": "1",
  "default": "deny",
  "tools": {
    "hl_spot_cancel": {
      "limits": [
        {
          "counter": "hl_spot_cancel_rate",
          "window": "minute",
          "max": 10,
          "scope": "grant"
        }
      ]
    }
  }
}

RATE-LIMIT THIS TOOL → Instant setup, no code required.

The button opens the PolicyLayer dashboard: create your workspace, connect Waiaas, apply this rule, and every hl_spot_cancel call is checked against it from then on.

FAQ

Questions about hl_spot_cancel

What does the hl_spot_cancel tool do? +

Cancel one or all spot orders for a market on Hyperliquid. It is categorised as a Execute tool in the Waiaas MCP Server, which means it can trigger actions or run processes. Use rate limits and argument validation.

How do I enforce a policy on hl_spot_cancel? +

Register the Waiaas MCP server in PolicyLayer and add a rule for hl_spot_cancel: 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 Waiaas. Nothing to install.

What risk level is hl_spot_cancel? +

hl_spot_cancel is a Execute tool with high risk. Execute tools should be rate-limited and have argument validation enabled.

Can I rate-limit hl_spot_cancel? +

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

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

hl_spot_cancel is provided by the Waiaas MCP server (minhoyoo-iotrust/waiaas). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.

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