Trading volumes on centralized crypto exchanges have fallen in April for the first time in three months, according to blockchain data provider Kaiko. April volumes were almost half of those in March at roughly $500 billion, the lowest so far this year. The provider noted that volumes had reached pre-FTX collapse levels until April's decline. However, the crypto market remains significantly larger than it was before the 2020 bull run, said Kaiko. Legitimate centralized exchange spot volume decreased by 43.8% to $400.5 billion in April, according to data from The Block. Binance remains the market leader with a dominance of 71.6%. (Cointelegraph)