The stratigraphic variability and geochemistry of Llandovery/Wenlock (L/W) Series boundary sediments in Poland reveals that hemipelagic sedimentation under an anoxic/euxinic water column was interrupted by low-density bottom currents or detached diluted turbid layers that resulted in intermittent seafloor oxygenation. Total organic carbon values and inorganic proxies throughout the Wilków 1 borehole section suggest variable redox conditions. U/Mo ratios > 1 throughout much of the Aeronian and Telychian stages, together with an absence of pyrite framboids, suggest oxygenated conditions prevailed. However, elevated total organic carbon near the Aeronian/Telychian boundary, together with increased U/Th and V/(V + Ni) ratios and populations of small pyrite framboids are consistent with the development of dysoxic/anoxic conditions at that time. U/Th, V/Cr and V/(V + Ni) ratios, as well as Uauthig and Mo concentrations, suggest that during the Ireviken black shale deposition, bottom-water conditions deteriorated from oxic during Telychian time to mostly suboxic/anoxic immediately prior to the L/W boundary, before a brief reoxygenation at the end of the Ireviken black shale sedimentation in the Sheinwoodian Stage. Rapid fluctuations in U/Mo during the Ireviken Event are characteristic of fluctuating redox conditions that culminated in an anoxic/euxinic seafloor in Sheinwoodian time. Following Ireviken black shale deposition, conditions once again became oxygen deficient with the development of a euxinic zone in the water column. The Aeronian to Sheinwoodian deep-water redox history was unstable, and rapid fluctuations of the chemocline across the L/W Series boundary probably contributed to the Ireviken Event extinctions, which affected mainly pelagic and hemipelagic fauna.