Dynamic coloring isn't applied correctly when the preview is using API level 34 or 35. 33 and earlier work correctly.

@Preview(wallpaper = Wallpapers.GREEN_DOMINATED_EXAMPLE)
@Composable
private fun DoesntWork() {
    MyApplicationTheme {
        Button(onClick = {}) { Text("I am the wrong color") }
    }
}
@Preview(wallpaper = Wallpapers.GREEN_DOMINATED_EXAMPLE, apiLevel = 33)
@Composable
private fun DoesWork() {
    MyApplicationTheme {
        Button(onClick = {}) { Text("I am the right color") }
    }
}

See attachment for result.

Android Studio Ladybug | 2024.1.3 Canary 3

Build #AI-241.18034.62.2413.12138059, built on July 25, 2024

Runtime version: 21.0.3+-77717980-b509.4 aarch64

VM: OpenJDK 64-Bit Server VM by JetBrains s.r.o.

macOS 14.5

Kotlin analyzer version: 2.0.0-ij241-287

GC: G1 Young Generation, G1 Concurrent GC, G1 Old Generation

Memory: 4096M

Cores: 10

Metal Rendering is ON

Registry:

action.toolbar.position.bottom.on.mac=true

debugger.new.tool.window.layout=true

ide.experimental.ui=true