set_price_alert · Deribit MCP Server MCP: Risk & Policy

WHAT IT DOES

What set_price_alert does on Deribit MCP Server

AI agents use set_price_alert to create or update resources in Deribit MCP Server — usually the action step of a workflow, after the agent has gathered context. Every call changes real data in your Deribit MCP Server environment.

WHY IT NEEDS A POLICY

Why set_price_alert needs a policy

Setting a price alert creates a new alert record and can trigger external notifications (Telegram). This is a Write operation as it creates data reversibly (alerts can be removed via 'remove_alert'). While it triggers external notifications, it does not execute trades or move money.

From the tool's definition Tool name: set_price_alert; server description mentions 'Set price alerts using natural language and receive instant Telegram notifications when conditions are met'

Attacks that exploit this kind of access

Recommended rule Ready

Verdict

set_price_alert Rate-limited

set_price_alert stays usable, but capped — an agent stuck in a loop can't make hundreds of changes a minute. Everything else on the server is denied unless you say otherwise.

View as policy code

policy.json

{
  "version": "1",
  "default": "deny",
  "tools": {
    "set_price_alert": {
      "limits": [
        {
          "counter": "set_price_alert_rate",
          "window": "minute",
          "max": 30,
          "scope": "grant"
        }
      ]
    }
  }
}

LIMIT THIS TOOL →

Instant setup, no code required.

PolicyLayer is an MCP gateway: every tool call is checked against your rule before it reaches Deribit MCP Server, so you can run agents against it safely.

FAQ

Questions about set_price_alert

What does the set_price_alert tool do? +

set_price_alert. It is categorised as a Write tool in the Deribit MCP Server MCP Server, which means it can create or modify data. Consider rate limits to prevent runaway writes.

How do I enforce a policy on set_price_alert? +

Register the Deribit MCP Server MCP server in PolicyLayer and add a rule for set_price_alert: 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 Deribit MCP Server. Nothing to install.

What risk level is set_price_alert? +

set_price_alert is a Write tool with medium risk. Write tools should be rate-limited to prevent accidental bulk modifications.

Can I rate-limit set_price_alert? +

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

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

set_price_alert is provided by the Deribit MCP Server MCP server (oishh/telegram-signal-mcp-server). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.