Just a quick check to confirm this is true, since your answer about the DAC is different than on the Pro (and I have no experience with the ADI-2 DAC).
On the ADI-2 Pro series, the DSP/DAC is still fully engaged in DAC mode. And the volume control remains engaged so that you can set it at whatever level you choose to use (including, but not necessarily 0 DBFS). Further, I believe if the volume level was set below the specified Loudness threshold, then the loudness function would be engaged based on that setting.
Also keep in mind that you can now fully control the volume and all of the other settings remotely from your computer.
Oh, right, so I don’t need to use it as pre amp to use the PEQ and loudness?
There seen to be a difference of opinion on this.
@Roland68 says it not possible?
I described the general DAC mode, which refers to the DAC ICs within a DAC.
Strictly speaking, the ADI devices don't have a preamplifier, since a preamplifier, by definition, is located in the analog circuitry and renders all functions analogously.
RME itself doesn't use the term "preamplifier" in the manual or on its website, at least not in the German version.
The DAC mode means that the DAC chip converts the digital signal without processing, reduction, or amplification, i.e., at 0 dB. This actually applies to devices (DACs) where functionalities for volume control, DSP, etc., are used within the DAC chip.
This also doesn't apply to these RME ADI devices, since, to my knowledge, the DAC chip isn't used for these functionalities and always operates at 0 dB, i.e., it's always in DAC mode.
The RME ADI devices operate differently from almost all other DACs and their functionality is not comparable.