BinanceOptionsCancelAllOrders
Cancel all open options orders for a specific symbol. ⚠️ This will cancel ALL open orders for the symbol.
This record as markdown: /tools/nirholas-binance-mcp/binanceoptionscancelallorders.md
What BinanceOptionsCancelAllOrders does on Binance MCP Server
AI agents call BinanceOptionsCancelAllOrders 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 BinanceOptionsCancelAllOrders is rated Critical
This tool matches the Destructive category because it permanently cancels all open orders for a symbol, an action that cannot be undone. The severity is critical because an AI agent misusing this could liquidate a user's entire trading position strategy, causing immediate financial loss (e.g., unhedged exposure, failed stop-losses). The warning label '⚠️' reinforces the high-impact nature.
From the tool's definition 'Cancel all open options orders' and 'This will cancel ALL open orders for the symbol' — the tool irreversibly cancels all existing orders in a single operation without recovery or undo capability.
Attacks that exploit this kind of access
The rule that runs BinanceOptionsCancelAllOrders 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 BinanceOptionsCancelAllOrders, this is the rule to start with:
BinanceOptionsCancelAllOrders 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 BinanceOptionsCancelAllOrders call is checked against it from then on.
Questions about BinanceOptionsCancelAllOrders
Cancel all open options orders for a specific symbol. ⚠️ This will cancel ALL open orders for the 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 BinanceOptionsCancelAllOrders: 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.
BinanceOptionsCancelAllOrders 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 BinanceOptionsCancelAllOrders 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 BinanceOptionsCancelAllOrders. 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.
BinanceOptionsCancelAllOrders 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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