Looks like it. It will drown your seed if it is to wet! I would push it up some. Push it up where there is about an inch or so above the top of the lid.
The only time the pod should be wet is when the seed is germinating. Please make sure the pod is high enough to not get wet…like at all
Day 5 of germination thank you! Good advice!
Looks like she has a good hold started, shooting up quickly! Congrats 
Keep us all posted!
Once you notice the tap root down in the water, I would push the pod up a little more too, lot of damping off issues happening right now on the forums and I’d hate to see it take your little one too.
Be careful in case the root comes out of the side of the pod, you do not want to damage it when pushing up. If this is the case, like it was for my current grow, I had to wait until the root became a thick strong one before I was able to move it up further without damaging it. Sometimes the roots come out of the bottom, so that’s much easier to deal with.
Looks great! Now make sure that Pod dries out completely and get the Relative Humidity between 70-80% and you will be in good shape.