DeFi Protocol Built on Ethereum Explodes 125% in Hours As Centralized Finance Firms Struggle

One altcoin that powers an Ethereum-based decentralized finance (DeFi) platform is defying broader market woes by rallying in a big way. Rari Governance (RGT) is the governance token of Rari Capital, a DeFi suite that allows participants to borrow, lend and earn yields on cryptocurrencies.

Timeline of Rari-governance-token