Critical Risk →

BinanceOptionsCancelByUnderlying

Cancel all open options orders for all contracts of an underlying asset (e.g., all BTC options). ⚠️ This will cancel ALL open orders for the underlying.

How to control BinanceOptionsCancelByUnderlying ↓

AI agents call BinanceOptionsCancelByUnderlying to permanently remove resources in BNB Chain MCP — typically in cleanup and lifecycle workflows. It does its job in a single call, and there is no undo.

Critical Risk

This tool cancels all options orders for an underlying asset in a single operation. Cancellations are irreversible state changes that destroy open orders and their associated trading positions. The warning '⚠️ This will cancel ALL open orders' indicates high-impact bulk destruction. While financial in nature, it is primarily destructive because it irreversibly eliminates orders rather than moving funds.

From the tool's definition 'Cancel all open options orders for all contracts of an underlying asset' and 'This will cancel ALL open orders for the underlying' — the tool irreversibly cancels multiple orders in bulk without per-order confirmation, a financial operation that cannot be…

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

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

policy.json
{
  "version": "1",
  "default": "deny",
  "hide": [
    "BinanceOptionsCancelByUnderlying"
  ]
}

BinanceOptionsCancelByUnderlying disappears from the agent's tool list entirely, and any attempt to call it is denied. The rest of the server keeps working.

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

What does the BinanceOptionsCancelByUnderlying tool do? +

Cancel all open options orders for all contracts of an underlying asset (e.g., all BTC options). ⚠️ This will cancel ALL open orders for the underlying. It is categorised as a Destructive tool in the BNB Chain MCP MCP Server, which means it can permanently delete or destroy data. Block by default and require explicit approval.

How do I enforce a policy on BinanceOptionsCancelByUnderlying? +

Register the BNB Chain MCP server in PolicyLayer and add a rule for BinanceOptionsCancelByUnderlying: 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 BNB Chain MCP. Nothing to install.

What risk level is BinanceOptionsCancelByUnderlying? +

BinanceOptionsCancelByUnderlying is a Destructive tool with critical risk. Critical-risk tools should be blocked by default and only enabled with explicit human approval.

Can I rate-limit BinanceOptionsCancelByUnderlying? +

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

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

BinanceOptionsCancelByUnderlying is provided by the BNB Chain MCP server (nirholas/bnbchain-mcp). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.

Enforce policy on every BNB Chain MCP tool call.

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1240 BNB Chain MCP tools catalogued and risk-classified — across an index of 42,500+ MCP servers.

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