Are you planning to replace this capacitor and re-test? For now, it would be nice to see linearity measurements for switching supply vs lab supply.The noise in Topping Dx3Pro is divided in two types of noise. One is from outside power supply, aka adapter (we talked about it last time)
and the other one is from inside unit power supply. I studied internal noise yesterday and I found at the RCA output a fundamental frequency of 570khz. After that I was looking at the input power supply votage (15Vdc) with the DAC "on" and I found the same fundamental frequency in the voltage ripple. Here, at the input, the voltage ripple has 120mVp-p ! So, the first voltage regulator from inside the unit has a big charging currents at 570khz. Here is the culprit. I looked to see what regulator it is and I found TPS54331. In the datasheet we found that: TPS54331 it is a step-down DC-DC converter with 570khz switching frequency. It has at the output an LC filter. This capacitor must to be large enough (in Dx3Pro is) and very important, to have low ESR at the frequency of interest. Unfortunately Topping put an electrolytic capacitors here. Until 100khz that type of capacitors could be very good but at 570khz and upper they lose their efficacy. Probably it was better few low-ESR tantalum capacitors in parallel or ceramic high value again in parallel mode. The best would be an linear regulator but the space is too small.
I'm wondering if, at the end, it will be worth to change SPS to LPS, replace the capacitor and how much improvement it will bring.