Company: DEFI
Filing Date: 2025-03-27
Form Type: 424B3
Source: 0001999371-25-003249
Chunk: 135

Company: Tidal Commodities Trust I
Filing Date: 2025-03-27
Form: 424B3
Chunk 135
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 of Trust and Trust Agreement (“Trust Agreement”).
Under the Trust Agreement, the Sponsor acts as an agent of the Trust and is solely responsible for the conduct of the Trust’s
business. The term of the Trust Agreement is indefinite, but it is subject to termination upon the occurrence of certain events
including but not limited to: the Trust or any fund become bankrupt, occurrence of any event which would make unlawful the continued
existence of the Trust or any Fund; or the event of the suspension, revocation or termination of the Sponsor’s registration
as a commodity pool operator under the CEA, or membership as a commodity pool operator with the NFA.

Under the Trust Agreement, the Sponsor shall
be indemnified by the Trust against any losses, judgments, liabilities, expenses and amounts paid in settlement of any claims sustained
by it in connection with its activities for the Trust, provided that (i) the Sponsor was acting on behalf of or performing services
for the Trust and has determined, in good faith, that such course of conduct was in the best interests of the Trust and such liability
or loss was not the result of gross negligence, willful misconduct, or a breach of this Trust Agreement on the part of the Sponsor.
All rights to indemnification permitted herein and payment of associated expenses shall not be affected by the dissolution or other
cessation to exist of the Sponsor, or the withdrawal, adjudication of bankruptcy or insolvency of the Sponsor, or the filing of
a voluntary or involuntary petition in bankruptcy under Title 11 of the Bankruptcy Code by or against the Sponsor. The governing
law for the agreement is the State of Delaware. For further discussion of the Trust Agreement, see “OPERATION OF THE FUND
-Trust Agreement”.

Administrator

The Fund employs Tidal ETF Services LLC
as Fund’s administrator (the “Administrator”). In turn, the Administrator has engaged U.S. Bancorp Fund Services,
LLC, doing business as U.S. Bank Global Fund Services (“Global Fund Services”) to act as sub-administrator. The Administrator
is a wholly-owned subsidiary of Sponsor. The Administrator is located at 234 West Florida Street, Suite 203, Milwaukee, Wisconsin
53204. The Administrator also assists the Fund and the Sponsor with certain functions and duties relating to marketing, which include
the following: marketing and sales strategy, and marketing related services.

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Under the Fund Administration Servicing
Agreement, the Administrator assists with overall operation of the funds, acts