Company: DEFI
Filing Date: 2025-03-27
Form Type: 424B3
Source: 0001999371-25-003249
Chunk: 102

Company: Tidal Commodities Trust I
Filing Date: 2025-03-27
Form: 424B3
Chunk 102
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 is unaffiliated with the Sponsor. The Trustee’s duties and liabilities with respect to the offering
of Shares and the management of the Trust and the Fund are limited to its express obligations under the Trust Agreement.

The Trustee will accept service of legal
process on the Trust in the State of Delaware and will make certain filings under the Delaware Statutory Trust Act. The Trustee
does not owe any other duties to the Trust, the Sponsor or the Shareholders. The Trustee is permitted to resign upon at least sixty
(60) days’ notice to the Sponsor. If no successor trustee has been appointed by the Sponsor within such sixty-day period,
the Trustee may, at the expense of the Trust, petition a court to appoint a successor. The Trust Agreement provides that the Trustee
is entitled to reasonable compensation for its services from the Sponsor or an affiliate of the Sponsor (including the Trust),
and is indemnified by the Sponsor against any expenses it incurs relating to or arising out of the formation, operation or termination
of the Trust, or any action or inaction of the Trustee under the Trust Agreement, except to the extent that such expenses result
from the fraud, or the gross negligence or willful misconduct of the Trustee. The Sponsor has the discretion to replace the Trustee.

The Trustee has not signed the registration
statement of which this prospectus is a part and is not subject to issuer liability under the federal securities laws for the information
contained in this prospectus and under federal securities laws with respect to the issuance and sale of the Shares. Under such
laws, neither the Trustee, either in its capacity as Trustee or in its individual capacity, nor any director, officer or controlling
person of the Trustee is, or has any liability as, the issuer or a director, officer or controlling person of the issuer of the
Shares.

Under the Trust Agreement, the Trustee has
delegated to the Sponsor the exclusive management and control of all aspects of the business of the Trust and the Fund. The Trustee
has no duty or liability to supervise or monitor the performance of the Sponsor, nor does the Trustee have any liability for the
acts or omissions of the Sponsor.

Because the Trustee has delegated substantially
all of its authority over the operation of the Trust to the Sponsor, the Trustee itself is not registered in any capacity with
the CFTC.

<div align='center'>OPERATION OF THE FUND</div>

The investment objective of