recipe-emergency-flatten

name	recipe-emergency-flatten
description	Emergency flatten — cancel all open orders and close every open position as quickly as possible. Use when markets turn against you or credentials may be compromised.

Emergency Flatten

When to Use

• Market is moving violently against current exposure
• Suspect API key compromise — reduce blast radius
• End-of-session sweep to go flat overnight
• Agent has behaved unexpectedly and the human wants a hard stop

This is a destructive workflow. Only run when the user asks for it explicitly.

Assumptions

• Authentication is configured (CDCX_API_KEY / CDCX_API_SECRET, or a profile)
• MCP mode: server must be started with --allow-dangerous (this workflow uses tier-dangerous commands)
• CLI mode: use --yes to skip prompts, or acknowledge each prompt

Workflow

# 1. Cancel every open order (dangerous)
cdcx trade cancel-all --yes -o json

# 2. Confirm no open orders remain
cdcx trade open-orders -o json

# 3. List every open position
cdcx account positions -o json

# 4. Close each position at market
#    Run this per row returned in step 3
cdcx trade close-position <INSTRUMENT_NAME> --type MARKET --yes -o json

# 5. Verify positions are flat
cdcx account positions -o json

# 6. Also sweep advanced (OTO/OTOCO) orders — they live in a separate namespace
cdcx advanced cancel-all --yes -o json
cdcx advanced open-orders -o json

# 7. Final wallet check
cdcx account summary -o json

Automated One-Liner

cdcx trade cancel-all --yes && \
cdcx advanced cancel-all --yes && \
cdcx account positions -o json | \
    jq -r '.data[].instrument_name' | \
    while read i; do cdcx trade close-position "$i" --type MARKET --yes; done && \
cdcx account positions -o json

Notes

• cancel-all without an instrument cancels every open order across the account
• close-position is asynchronous — it returns an ack, not a fill. The position may remain open for a moment; step 5 confirms
• Advanced orders (OTO/OTOCO) are not cancelled by cdcx trade cancel-all — sweep them separately with cdcx advanced cancel-all
• If you are in doubt about the current state, re-run cdcx account positions and cdcx trade open-orders until both are empty
• If API access itself is the concern, also rotate the API key at https://crypto.com/exchange/settings/api afterwards