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DPX — Institutional Cross-Border Settlement

fx.rate

Read-onlyIdempotent

Live mid-market FX rate for any currency pair. Returns mid rate, bid/ask spread, daily volatility %, regulatory flags for the corridor, and data freshness. Sourced from central bank rates (open.er-api.com, updated hourly, no API key required). Free.

Input Schema

TableJSON Schema
NameRequiredDescriptionDefault
toYesTarget currency ISO 4217 code (e.g. BRL)
fromYesSource currency ISO 4217 code (e.g. USD)

Output Schema

TableJSON Schema
NameRequiredDescriptionDefault
askNo
bidNo
midNoMid-market rate (from → to)
pairNo
spreadPctNoImplied interbank spread %
updatedAtNo
corridorFlagsNoRegulatory flags for this corridor
dailyVolatilityPctNoEstimated daily FX volatility %

TDQS

A4.1/5.0
Behavior4/5

Does the description disclose side effects, auth requirements, rate limits, or destructive behavior?

Annotations already indicate read-only, idempotent, non-destructive behavior. The description adds valuable context: source (central bank rates via open.er-api.com), update frequency (hourly), no API key required, and 'free'. This goes beyond what annotations provide.

Agents need to know what a tool does to the world before calling it. Descriptions should go beyond structured annotations to explain consequences.

Conciseness5/5

Is the description appropriately sized, front-loaded, and free of redundancy?

Two sentences with no wasted text. The main purpose is front-loaded, and every sentence adds value. Excellent conciseness.

Shorter descriptions cost fewer tokens and are easier for agents to parse. Every sentence should earn its place.

Completeness5/5

Given the tool's complexity, does the description cover enough for an agent to succeed on first attempt?

For a simple read-only tool with an output schema, the description covers purpose, return fields, data source, update frequency, and access requirements. It is complete and leaves no major gaps.

Complex tools with many parameters or behaviors need more documentation. Simple tools need less. This dimension scales expectations accordingly.

Parameters3/5

Does the description clarify parameter syntax, constraints, interactions, or defaults beyond what the schema provides?

Schema coverage is 100% with both from and to described as ISO 4217 codes. The description does not add additional meaning beyond the schema, so baseline 3 is appropriate.

Input schemas describe structure but not intent. Descriptions should explain non-obvious parameter relationships and valid value ranges.

Purpose5/5

Does the description clearly state what the tool does and how it differs from similar tools?

The description clearly states the tool provides a 'live mid-market FX rate for any currency pair' and lists specific return fields. This distinguishes it from sibling tools like fx.corridors and market.fx by specifying exactly what it does.

Agents choose between tools based on descriptions. A clear purpose with a specific verb and resource helps agents select the right tool.

Usage Guidelines3/5

Does the description explain when to use this tool, when not to, or what alternatives exist?

The description implies usage for fetching a live FX rate but does not explicitly guide when to use this tool versus alternatives like fx.corridors or market.fx. No 'when not to use' or comparative guidance is provided.

Agents often have multiple tools that could apply. Explicit usage guidance like "use X instead of Y when Z" prevents misuse.

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TDQS

A4/5.0
Disambiguation4/5

Most tools have clearly distinct purposes, especially within their domains (e.g., analytics, compliance, ESG, forecasting). However, a few tools like route and stability.stablecoin_route or settlement.quote and fx.cost_certainty may cause confusion despite distinct descriptions, and the large number of intelligence tools (cascade, aftershock, contagion, etc.) could lead to misselection without careful reading.

Naming Consistency3/5

Naming follows a domain prefix pattern (e.g., agent.kya_register, settlement.quote, esg.score), which provides some structure. However, inconsistencies exist: some tools use underscores (batch_settle, flow_check), others are single words (route), and the mix of verb_noun and noun_verb styles (e.g., compliance.pep_screen vs market.fx) reduces predictability.

Tool Count3/5

At 71 tools, the server is very broad in scope, covering compliance, ESG, forecasting, intelligence, treasury management, and more. While each tool seems justified for the complex institutional domain, the sheer number may overwhelm agents and makes the set feel bloated. A more focused scope or tighter tool grouping would improve appropriateness.

Completeness4/5

The tool surface is remarkably comprehensive for cross-border settlement, covering end-to-end workflow from quoting, FX analysis, compliance screening, ESG scoring, forecasting, and multiple payment rails (Mercury, Ramp, SWIFT). Minor gaps exist (e.g., no tool to update a settlement after execution), but core operations are well-covered, and the addition of integration and audit trails enhances completeness.

Resources