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Fish

There are fossil records of jawed fishes across the K–Pg boundary, which provide good evidence of extinction patterns of these classes of marine vertebrates. While the deep-sea realm was able to remain seemingly unaffected, there was an equal loss between the open marine apex predators and the durophagous demersal feeders on the continental shelf. Within cartilaginous fish, approximately 7 out of the 41 families of neoselachians (modern sharks, skates, and rays) disappeared after this event and batoids (skates and rays) lost nearly all the identifiable species, while more than 90% of teleost fish (bony fish) families survived.

In the Maastrichtian age, 28 shark families and 13 batoid families thrived, of which 25 and 9, respectively, survived the K–T boundary event. Forty-seven of all neoselachian genera cross the K–T boundary, with 85% being sharks. Batoids display with 15%, a comparably low survival rate. Among elasmobranchs, those species that inhabited higher latitudes and lived pelagic lifestyles were more likely to survive, whereas epibenthic lifestyles and durophagy were strongly associated with the likelihood of perishing during the extinction event.

There is evidence of a mass extinction of bony fishes at a fossil site immediately above the K–Pg boundary layer on Seymour Island near Antarctica, apparently precipitated by the K–Pg extinction event; the marine and freshwater environments of fishes mitigated the environmental effects of the extinction event. The result was Patterson's Gap, a period in the earliest part of the Cenozoic of decreased acanthomorph diversity, although acanthomorphs diversified rapidly after the extinction. Teleost fish diversified explosively after the mass extinction, filling the niches left vacant by the extinction. Groups appearing in the Paleocene and Eocene epochs include billfish, tunas, eels, and flatfish.