I stumbled upon a link to vim-racer.com and among their tips they mentioned the %:

From the various-motions nvim docs:

%			Find the next item in this line after or under the cursor and jump to its match. inclusive motion.
			Items can be:
			([{}])		parenthesis or (curly/square) brackets (this can be changed with the 'matchpairs' option)
			/* */  		start or end of C-style comment
			#if, #ifdef, #else, #elif, #endif
					C preprocessor conditionals (when the cursor is on the # or no ([{ is following)
			For other items the `matchit` plugin can be used, see `matchit`.  This plugin also helps to skip matches in comments.

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