Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

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Welcome to this week’s CLP range coverage

Quick reminder, Concentrated Liquidity Provision (CLP) is one of the best ways to earn passive income and get exposure to the market, letting time and volatility play in your favour. Check out the Master Report on CLP here.

Since our previous coverage on Yield Watch, assets have rebounded from the lower bands of their respective ranges. Our outlined ranges for SOL, HYPE, and SPX remain intact. They were generating passive income while Dollar-Cost-Averaging when prices go down, and taking profits when prices go up. Given that market conditions are still choppy, we continue to prioritise conservative setups with assets that can be accumulated prudently while generating yield.

In today’s coverage, we focus on BTC and JLP.

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BTC (cbBTC-USDC pool)

While short-term volatility is unavoidable, the mid-to-long-term outlook for BTC continues to be constructive.

One effective way to earn passive income while maintaining BTC exposure is through liquidity provision. Within the Solana ecosystem, market participants can access Coinbase-wrapped BTC (cbBTC) on Solana.

While this does not carry the same trust assumptions as holding native BTC, the counterparty risk is mitigated by Coinbase, a highly reputable and regulated U.S.-based exchange. As a result, while risks are not zero, they remain relatively limited compared to less established wrappers.

• Range 1: $80,000 - $94,000
• APY: 49% yearly; 4.08% monthly

• Range 2: $75,000 - $107,000
• APY: 23% yearly; 1.92% monthly

Cryptonary’s take: Even if the yield looks conservative, Bitcoin remains one of the safest assets in crypto (BTC maxis might even argue in the world).

If you don’t want to chase bottoms or overthink market timing, but still want exposure, these ranges are ideal for dollar-cost averaging. You stay invested, keep it simple, and earn solid passive income while you wait.

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JLP (JLP - USDC pool)

JLP is the liquidity provider token of Jupiter Perpetuals, representing a diversified basket of assets used to support perpetual trading activity on Solana. The basket is primarily composed of SOL, BTC, ETH, and stablecoins, with dynamic rebalancing driven by trader positioning, funding rates, and overall market activity.

Conceptually, JLP is a crypto-version of a traditional index asset like the S&P 500. Just as the S&P 500 provides diversified exposure to large-cap equities and derives returns from broad market participation, JLP offers diversified exposure to core crypto assets (BTC, ETH, SOL, USDC, USDT) while generating yield through trading fees and funding payments, rather than dividends. Here’s our full report on JLP

As a result, pairing JLP with USDC creates a relatively defensive setup that is less dependent on the performance of any single asset and more aligned with capturing long-term volume, volatility, and overall exposure to the market

• Range: $4.35 - $4.83
• APY: 70% yearly; 5.83% monthly

Cryptonary’s take: JLP is a strong asset offering diversified exposure to BTC, ETH, and SOL while generating yield from funding rates. Its diversified basket helps smooth single-asset risk, and pairing it with USDC further reduces volatility.

Overall, it’s a solid, relatively low-risk way to earn passive income while staying exposed to the market. Not everyone can catch the perfect bottom. Having a lower-risk strategy in place helps avoid FOMO later, while passive income allows you to compound through drawdowns

Happy holidays, everyone!