The Siljan Ring is a prehistoric impact structure in Dalarna, central Sweden. It is one of the 15 largest known impact structures on Earth and the largest in Europe, with a diameter of about 52 kilometres (32 mi). The impact that created the Siljan Ring occurred when a meteorite collided with the Earth's surface during the Devonian period. The exact timing of the impact has been estimated at 376.8 ± 1.7 Ma or at 377 ± 2 Ma. This impact has been proposed as a cause of the first Devonian extinction, the Kellwasser Event or Late Frasnian extinction, due to it being believed by some researchers to coincide around the time of the Kellwasser event at 376.1 Ma ± 1.6 Ma, although the timing of this extinction event has since been pushed forward to 371.93–371.78 Ma. The effects of the impact can clearly be seen in the bedrock in the area. The Cambrian, Ordovician and Silurian sedimentary rocks deformed by the impact are rich in fossils.

The Late Devonian extinction consisted of several extinction events in the Late Devonian Epoch, which collectively represent one of the five largest mass extinction events in the history of life on Earth. The term primarily refers to a major extinction, the Kellwasser event, also known as the Frasnian-Famennian extinction, which occurred around 372 million years ago, at the boundary between the Frasnian stage and the Famennian stage, the last stage in the Devonian Period. Overall, 19% of all families and 50% of all genera became extinct. A second mass extinction called the Hangenberg event, also known as the end-Devonian extinction, occurred 359 million years ago, bringing an end to the Famennian and Devonian, as the world transitioned into the Carboniferous Period.