Links

Color correction in Mutter

Correct the colors when using a Mutter shell

Using Patched Mutter

If you're using the patched Mutter version from the Waydroid repo with the color inversion patch (or Gnome 42 or higher), or mutter-rounded, then Waydroid should display properly.

Using Standard Mutter

If you aren't able to install the patched version of Mutter, you can run this in the host shell:
waydroid prop set persist.waydroid.invert_colors true
Note that with this option enabled, you should not use this in combination with multi-window mode.
If you want to do it from inside the Android shell:
settings put secure accessibility_display_inversion_enabled 1
Running this inside the Android shell will correct all of the colors except for the boot animation.