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list_exchanges

Read-onlyIdempotent

Every exchange the Mangrove platform tracks, with per-exchange tier and 24h volume. Use it when the user asks what exchanges are supported or wants to browse the exchange universe rather than a single venue.

[Access: pay 0.001 USDC via x402 (PAYMENT-SIGNATURE header) OR authenticate with an API key. An x402-capable client will auto-pay; API-key clients pay nothing per call.]

Tool call template

This tool declares no required parameters. Add optional parameters from the input schema as needed.

{
  "id": 1,
  "jsonrpc": "2.0",
  "method": "tools/call",
  "params": {
    "arguments": {},
    "name": "list_exchanges"
  }
}

Input Schema

NameRequiredDescriptionDefault

No arguments

Schema Changelog

Changes observed during successful MCP inspections.

  1. First observed

TDQS

A4.3/5.0
Behavior4/5

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

Annotations already cover read-only/idempotent/non-destructive, and the description adds genuinely new operational context: the dual access model (x402 payment of 0.001 USDC vs API-key authentication, auto-pay behavior). It does not discuss result size or pagination, but 'every exchange' signals a full-universe return.

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

Conciseness4/5

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

Two short paragraphs with the purpose and return payload front-loaded, followed by a bracketed access note. Every sentence carries information; the access note is somewhat tangential to tool selection but is compact and relevant to invocation.

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

Completeness4/5

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

With no output schema and no parameters, the description correctly takes on the job of stating what comes back (tier, 24h volume per exchange) and how to pay for the call. Sufficient to invoke correctly, though a hint about list size or ordering would close the last gap.

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

Parameters4/5

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

The tool takes zero parameters, so there is nothing for the description to disambiguate beyond the schema; baseline 4 applies. The description correctly implies no filtering arguments are needed to get the full list.

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?

States a specific verb+resource (list every exchange the Mangrove platform tracks) and immediately adds what each record carries (tier and 24h volume). The clause 'rather than a single venue' separates it from per-symbol/per-market siblings such as get_symbol_exchanges or get_market_data.

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

Usage Guidelines4/5

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

Gives two concrete triggers: the user asks what exchanges are supported, or wants to browse the exchange universe. It implicitly excludes single-venue lookups but never names the alternative tool, so the agent has to infer which sibling to route to.

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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