Many therapeutic antibodies act as antagonists to competitively block cellular signaling pathways. We describe here an approach for the therapeutic use of monoclonal antibodies based on context-dependent attenuation to reduce pathologically high activity while allowing homeostatic signaling in biologically important pathways. Such attenuation is achieved by modulating the kinetics of a ligand binding to its various receptors and regulatory proteins rather than by complete blockade of signaling pathways. The anti-interleukin-1 (IL-1) antibody XOMA 052 is a potent inhibitor of IL-1 activity that reduces the affinity of IL-1 for its signaling receptor and co-receptor but not for its decoy and soluble inhibitory receptors. This mechanism shifts the effective dose response of the cytokine so that the potency of IL-1 bound by XOMA 052 is 20 -100-fold lower than that of IL-1 in the absence of antibody in a variety of in vitro cell-based assays. We propose that by decreasing potency of IL-1 while allowing binding to its clearance and inhibitory receptors, XOMA 052 treatment will attenuate IL-1 activity in concert with endogenous regulatory mechanisms. Furthermore, the ability to bind the decoy receptor may reduce the potential for accumulation of antibody⅐target complexes. Regulatory antibodies like XOMA 052, which selectively modulate signaling pathways, may represent a new mechanistic class of therapeutic antibodies.