Help Wave effect on fluid surface

[Guybrush]

Are we talking 2D or 3D?

Waves are entirely possible, but depending on the quality you want to achieve and your performance budget, it might just be too expensive.

Refraction is implemented, and it works on the entire liquid. Not sure what you mean by "refraction of the single particle".

Hi! Thank you for the answer!
We are talking about 3D (but 2D could be interesting too). How do you suggest to make waves? 

In the attached file I show you an example of refrection. It has an exaggerated value but I used it for explain what I mean by "refraction of the single particle". I can clearly see that there are a lot of "bubbles". I would love to have something smoother, is that possible?

Thank you!