Color Palette for a Mermaid Party:

1. Purple:
   - Hex Code: 
                            
                            #8A2BE2
                        
   - Description: Represents the mystical and enchanting aura of mermaids.

2. Aquamarine:
   - Hex Code: 
                            
                            #7FFFD4
                        
   - Description: Evokes the shimmering ocean waters where mermaids dwell.

3. Blue:
   - Hex Code: 
                            
                            #4682B4
                        
   - Description: Symbolizes the deep sea and the vastness of the ocean.

4. Pink:
   - Hex Code: 
                            
                            #FFC0CB
                        
   - Description: Adds a touch of femininity and whimsy to the color palette.

5. Lavender:
   - Hex Code: 
                            
                            #E6E6FA
                        
   - Description: Soft and soothing color reminiscent of ocean sunsets.

6. Teal:
   - Hex Code: 
                            
                            #008080
                        
   - Description: A blend of blue and green, representing the harmony of land and sea in a mermaid's world.