Activating it or not, no. But uploading a desired curve is a different story.
I did the below test, and
updated my review with that. I add it here too so it's easier for members to follow.
I played with the Topping Tune software and uploaded the below EQ in the DX1 II:
View attachment 540698
I ran an FR test (USB to XLR output, with Volume at -1.5dB to get to 4Vrms max), and here you go:
View attachment 540677
I made it the same size as the Topping interface on purpose, centering the 0dB at 1kHz. You can see that I got exactly what I tuned, nice.
Now let's test the impact on the SINAD (XLR out, vol -1.5dB), first
without EQ:
View attachment 540678
Without EQ, I get an
SINAD of 122.6dB.
Now,
when activating the EQ, and I had to redo my tests because it seems the Topping Tune has some kind of smart headroom protection / utilization to optimize the resolution, independently of the mods you make. I deactivated the preamp in the interface, and I see it updated the field to -5.7dB, but I am unsure if that is on purpose. Anyways, I uploaded my tune in the Topping and I got better results than I initially reported with me setting the preamp level in Topping Tune.
Here below is with the EQ activated, and the impact on the SINAD:
View attachment 540694
The loss on the SINAD is minimal, and remains a staggering
120.7dB. The descending noise floor from 20Hz to 300Hz is the effect of the EQ in that area.
I am impressed.