BinanceDeleteOpenOrders
Cancel all open orders on Binance for a specific symbol.
This record as markdown: /tools/nirholas-binance-mcp/binancedeleteopenorders.md
What BinanceDeleteOpenOrders does on Binance MCP Server
AI agents call BinanceDeleteOpenOrders to permanently remove resources in Binance MCP Server, typically in cleanup and lifecycle workflows. It does its job in a single call, and there is no undo.
Why BinanceDeleteOpenOrders is rated Critical
This tool irreversibly cancels all open orders without recovery option, directly impacting active trading positions and market strategies. Combined with the financial trading context (Binance exchange, crypto assets), this represents a destructive action that eliminates existing financial commitments. While not directly moving money, it destroys active orders that represent financial obligations/opportunities.
From the tool's definition Tool name contains 'DeleteOpenOrders' and description states 'Cancel all open orders' — this irreversibly terminates all active orders for a symbol, preventing their execution and causing financial loss of opportunity. The action cannot be undone.
Attacks that exploit this kind of access
The rule that runs BinanceDeleteOpenOrders safely
PolicyLayer is an MCP gateway: it sits between your AI agents and Binance MCP Server, and checks every tool call against a rule you set before the call runs. Nothing changes on the server itself. For BinanceDeleteOpenOrders, this is the rule to start with:
BinanceDeleteOpenOrders is removed from the agent's tool list entirely, so the agent never calls it. The rest of the server keeps working.
The button opens the PolicyLayer dashboard: create your workspace, connect Binance MCP Server, apply this rule, and every BinanceDeleteOpenOrders call is checked against it from then on.
Questions about BinanceDeleteOpenOrders
Cancel all open orders on Binance for a specific symbol. It is categorised as a Destructive tool in the Binance MCP Server MCP Server, which means it can permanently delete or destroy data. Block by default and require explicit approval.
Register the Binance MCP Server MCP server in PolicyLayer and add a rule for BinanceDeleteOpenOrders: 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 Binance MCP Server. Nothing to install.
BinanceDeleteOpenOrders is a Destructive tool with critical risk. Critical-risk tools should be blocked by default and only enabled with explicit human approval.
Yes. Add a rate_limit block to the BinanceDeleteOpenOrders 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.
Set action: deny in the PolicyLayer policy for BinanceDeleteOpenOrders. 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.
BinanceDeleteOpenOrders is provided by the Binance MCP Server MCP server (nirholas/binance-mcp). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.
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