Pretty much, unfortunately. And the people who run Odysee have repeatedly, time and time again, defended Nazis, white supremacists, far-right conspiracies, videos calling for genocide, etc.
Although in fairness, to my knowledge they haven’t done what Musk has done for example and said “free speech [Unless you disagree with dear leader, then it’s an account ban]!” Left-wing content is left alone (not that there’s much of it on Odysee)