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recent_liquidations

Recent forced liquidations of one asset's USDT perpetual on OKX (the only venue reachable from the US that publishes a liquidation feed): long vs short liquidated count, size and USD value over the last 0.25–24 hours, the largest ones, an hourly breakdown, and where they cleared relative to the current mark price in adjustable % bands. These are realized liquidations, not estimated liquidation levels. Reports how much of the window the feed covered. Fails (and is not charged) if OKX doesn't answer or lists no such perpetual. Costs $0.003 USDC per call.

Input Schema

NameRequiredDescriptionDefault
hoursNoLook-back window in hours, 0.25–24 (default 4)
symbolYesBase asset or pair, e.g. 'BTC', 'ETH', 'SOLUSDT'
bucketPctNoWidth of the price bands around the mark price, in %, 0.1–5 (default 0.5)

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?

With no annotations, the description carries the full burden and does well: it discloses venue limitations, realized-vs-estimated data, feed-coverage reporting, failure behavior, and per-call cost. It does not mention rate limits, auth requirements, or data freshness, which keeps it from a 5.

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?

The description is front-loaded with the core purpose and then adds only essential distinctions: realized vs estimated, feed coverage, failure semantics, and cost. The long first sentence is dense but earns its place.

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?

There is no output schema or annotations, so the description must explain return content and behavior, which it does thoroughly: long/short counts, size, USD value, largest liquidations, hourly breakdown, price-band clearing, coverage, failure, and cost. An agent has enough to call it correctly.

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%, so the schema already documents symbol, hours, and bucketPct. The description reinforces the meaning of the adjustable percentage bands and time window, but adds little parameter detail beyond what the schema provides.

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 states a specific verb and resource: recent forced liquidations for one asset's USDT perpetual on OKX. It explicitly distinguishes realized liquidations from estimated liquidation levels, which separates it from sibling tools like liquidation_risk.

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?

It gives clear context for when this tool applies (recent realized liquidations on OKX USDT perpetuals) and implicitly routes agents away from estimated-liquidation tools. It does not explicitly name the alternative or state when not to use it, but the scope is sufficiently clear.

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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