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 ↓

What BinanceOptionsCancelByUnderlying does on Sperax Ecosystem Crypto & DeFI MCP Server

AI agents call BinanceOptionsCancelByUnderlying to permanently remove resources in Sperax Ecosystem Crypto & DeFI MCP Server — typically in cleanup and lifecycle workflows. It does its job in a single call, and there is no undo.

Critical Risk

Why BinanceOptionsCancelByUnderlying needs a policy

This tool performs an irreversible, all-or-nothing cancellation of financial orders. Once executed, all open options orders for an underlying asset are destroyed and cannot be recovered. The bulk nature and lack of granular control make this critically severe: an AI agent error or prompt injection could wipe out a trader's entire position in one asset class.

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, destroying the user's open trading…

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

How to control BinanceOptionsCancelByUnderlying

PolicyLayer is an MCP gateway — it sits between your AI agents and Sperax Ecosystem Crypto & DeFI MCP Server, 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 Sperax Ecosystem Crypto & DeFI MCP Server — 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.
RESTRICT THIS TOOL →

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Related tools and policies

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Questions about BinanceOptionsCancelByUnderlying

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 Sperax Ecosystem Crypto & DeFI MCP Server 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 Sperax Ecosystem Crypto & DeFI MCP Server 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 Sperax Ecosystem Crypto & DeFI MCP Server. 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 Sperax Ecosystem Crypto & DeFI MCP Server MCP server (sperax/sperax-crypto-mcp). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.

Enforce policy on every Sperax Ecosystem Crypto & DeFI MCP Server tool call.

Start from Sperax Ecosystem Crypto & DeFI MCP Server, add the rest of your stack, and see everything your agents can call. Then put policy on all of it.

Free to start. No card required.

1318 Sperax Ecosystem Crypto & DeFI MCP Server tools catalogued and risk-classified — across an index of 43,000+ MCP servers.

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