three.js/examples/jsm/shaders/WaterRefractionShader.js

const WaterRefractionShader = {

	name: 'WaterRefractionShader',

	uniforms: {

		'color': {
			value: null
		},

		'time': {
			value: 0
		},

		'tDiffuse': {
			value: null
		},

		'tDudv': {
			value: null
		},

		'textureMatrix': {
			value: null
		}

	},

	vertexShader: /* glsl */`

		uniform mat4 textureMatrix;

		varying vec2 vUv;
		varying vec4 vUvRefraction;

		void main() {

			vUv = uv;

			vUvRefraction = textureMatrix * vec4( position, 1.0 );

			gl_Position = projectionMatrix * modelViewMatrix * vec4( position, 1.0 );

		}`,

	fragmentShader: /* glsl */`

		uniform vec3 color;
		uniform float time;
		uniform sampler2D tDiffuse;
		uniform sampler2D tDudv;

		varying vec2 vUv;
		varying vec4 vUvRefraction;

		float blendOverlay( float base, float blend ) {

			return( base < 0.5 ? ( 2.0 * base * blend ) : ( 1.0 - 2.0 * ( 1.0 - base ) * ( 1.0 - blend ) ) );

		}

		vec3 blendOverlay( vec3 base, vec3 blend ) {

			return vec3( blendOverlay( base.r, blend.r ), blendOverlay( base.g, blend.g ),blendOverlay( base.b, blend.b ) );

		}

		void main() {

		 float waveStrength = 0.5;
		 float waveSpeed = 0.03;

			// simple distortion (ripple) via dudv map (see https://www.youtube.com/watch?v=6B7IF6GOu7s)

			vec2 distortedUv = texture2D( tDudv, vec2( vUv.x + time * waveSpeed, vUv.y ) ).rg * waveStrength;
			distortedUv = vUv.xy + vec2( distortedUv.x, distortedUv.y + time * waveSpeed );
			vec2 distortion = ( texture2D( tDudv, distortedUv ).rg * 2.0 - 1.0 ) * waveStrength;

			// new uv coords

			vec4 uv = vec4( vUvRefraction );
			uv.xy += distortion;

			vec4 base = texture2DProj( tDiffuse, uv );

			gl_FragColor = vec4( blendOverlay( base.rgb, color ), 1.0 );

			#include <tonemapping_fragment>
			#include <colorspace_fragment>

		}`

};

export { WaterRefractionShader };