waiaas_hl_get_funding_rates

THE RISK

Low Risk

Why waiaas_hl_get_funding_rates needs a policy

This tool queries and retrieves funding rate information without executing trades, modifying positions, or causing financial transactions. It is purely informational in nature, similar to fetching market data or analytics. While it is part of a crypto/DeFi system, the act of reading funding rates poses no immediate risk compared to execution of trades or transfers.

From the tool's definition The tool 'waiaas_hl_get_funding_rates' retrieves historical funding rate data for a perpetual market. The verb 'get' and noun 'history' indicate a read-only query operation with no side effects or modifications to state.

Documented attack patterns abuse exactly the kind of access waiaas_hl_get_funding_rates gives an agent:

POLICY

How to control waiaas_hl_get_funding_rates

PolicyLayer is an MCP gateway — it sits between your AI agents and Waiaas, and nothing reaches the server without passing your rules. This is the rule we recommend for waiaas_hl_get_funding_rates:

policy.json

{
  "version": "1",
  "default": "deny",
  "tools": {
    "waiaas_hl_get_funding_rates": {}
  }
}

waiaas_hl_get_funding_rates is read-only, so it stays allowed — but everything else on the server is denied unless you say otherwise.

Create a free account and register Waiaas — nothing to install.
Add this policy — paste it, or build it visually.
Point your MCP client (Claude, Cursor, anything) at your gateway URL.

CAP THIS TOOL →

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EXPLORE

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Go deeper

The MCP Attack Database → Documented attack patterns against MCP deployments — and the policies that stop them.
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Rate Limiting MCP Tool Calls: A Practical Guide →
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FAQ

Questions about waiaas_hl_get_funding_rates

What does the waiaas_hl_get_funding_rates tool do? +

Get funding rate history for a Hyperliquid perpetual market. It is categorised as a Read tool in the Waiaas MCP Server, which means it retrieves data without modifying state.

How do I enforce a policy on waiaas_hl_get_funding_rates? +

Register the Waiaas MCP server in PolicyLayer and add a rule for waiaas_hl_get_funding_rates: 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 waiaas_hl_get_funding_rates? +

waiaas_hl_get_funding_rates is a Read tool with low risk. Read-only tools are generally safe to allow by default.

Can I rate-limit waiaas_hl_get_funding_rates? +

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

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

waiaas_hl_get_funding_rates 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.

Enforce policy on every Waiaas tool call.

Start from Waiaas, add the rest of your stack, and see everything your agents can call. Then put policy on all of it.

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