The strait was named Proliv Pogibshy by Russians because of a fatal incident during a fur seal hunting expedition led by Alexander Baranof in 1799.
According to V. F. Lisianski, Baranof employed Native Aleut hunters, ate poisonous shellfish from the strait, which resulted in approximately one hundred and fifty deaths.
Peril Strait is the United States Coast and Geodetic Survey translation of Proliv Pogibshiy.
There were no major injuries, and after an extensive salvage process, the LeConte was escorted to Ketchikan for successful repairs.
The Fairway Island Light, located on the eastern entrance to Peril Strait, was an important aid-to-navigation in the early 20th century.