Company: DEFI
Filing Date: 2025-03-27
Form Type: 424B3
Source: 0001999371-25-003249
Chunk: 213

Company: Tidal Commodities Trust I
Filing Date: 2025-03-27
Form: 424B3
Chunk 213
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 (iii) a principal-protected pool as defined in CFTC Regulation
4.10(d)(3).

Units of beneficial interest issued (from inception until December 29,
2024): 625,000

Aggregate gross sale price for units issued: $12,018,750

Pool NAV as of December 31, 2024: $12,015,924

NAV per Share as of December 31, 2024: $19.23

Worst monthly percentage drawdown*: –2.40% (January 2023)

Worst peak to valley drawdown**: -3.15% / October 2023 – December
2023

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

| Rates of Return*      |       |    |       |    |       |    |
| Month                 |  2022 |    |  2023 |    |  2024 |    |
| January               |       | %  | (2.40 | )% |  1.38 | %  |
| February              |       | %  |  2.49 | %  |  1.60 | %  |
| March                 |       | %  | (0.25 | )% |  0.02 | %  |
| April                 |       | %  | (0.58 | )% |  3.04 | %  |
| May                   |       | %  | (0.24 | )% | (0.49 | )% |
| June                  |  0.01 | %  |  0.63 | %  | (0.56 | )% |
| July                  |  1.06 | %  |  1.23 | %  | (1.12 | )% |
| August                |  1.13 | %  |  0.01 | %  | (0.21 | )% |
| September             | (2.06 | )% |  2.03 | %  |  0.50 | %  |
| October               |  3.08 | %  |  1.33 | %  |  1.75 | %  |
| November              | (2.37 | )% | (2.30 | )% | (0.15 | )% |
| December