Body color is one of the most diverse external morphological characteristics of fish. It not only affects the function of fish predation and individual communication but also has important economic value. The ricefield eel (Monopterus albus) is a popular freshwater aquaculture fish species in China. Few studies have suggested some candidate genes involved in the formation of body color in this fish; however, further genetic evidences are required. Genome-wide association analysis (GWAS) is a powerful analytical method for identifying relationships between target traits and genetic markers or candidate genes in natural populations. In this study, two populations of ricefield eel with different body coloration were used to study the genetic factors that regulate the formation of body color. Through GWAS, 67 SNPs, 463 genes and 5 signaling pathways were found to be associated with body color. These results suggest that a complex molecular regulatory mechanism regulates ricefield eel body coloration. Our findings lay the foundation for subsequent genome selection breeding of ricefield eel.