Bring back the colors that water takes away. Reds are recovered from the other channels, the flat contrast of underwater light is stretched, and the dominant blue or green cast is trimmed.
Water type
Choose Blue water or Green water to fix the cast type for the whole clip. Detect per frame decides on every frame, which suits clips that move between very different water.
Correction and red recovery
Correction Amount blends the full correction with the original. Red Recovery sets how strongly the lost red channel is rebuilt; deep footage needs more. Contrast Recovery stretches the channels after ignoring the darkest and brightest 1% of pixels, and Warmth trims the final color.
Limits
The deeper the footage, the less red light reaches the camera, and rebuilding it amplifies noise in the red channel. Footage lit with a video light keeps real color near the camera and needs less correction.