Lollipop 5.1 Swipe Animation, is there one that makes it look like there is water in your phone?

[AC Question]

Lollipop 5.1 Swipe Animation

I finally got updated to Lollipop 5.1 on my 1st gen Moto X. (Thanks a bunch, AT&T.) I noticed that on many screens, when I swipe in from either side there is an animation that looks like water has gotten into my phone. Does anyone recognize this, and can I disable this animation?