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Soulnote D-2 VER 2
D/A Converter
PREMIUM SILVER / PREMIUM BLACK
A DDS using the LMX2594 super low jitter features with external clock generator inputs.
A perfectly symmetric, discrete non-NFB D/A converter that uses a total of four ES9038PRO circuits and supports non-oversampling.
The DSS uses the LMX2594 from Texas Instruments
D/A converter formats that recreate the required master clock from reference clocks typically use a DDS (Direct Digital Synthesizer). The performance of external clock generators in this format guarantees frequency accuracy (e.g. how many seconds of deviance will occur over tens of thousands of years), but jitter (fluctuations in waveform width arising in the clock) and the resulting phase noise are highly dependent on the performance of the DDS itself. By convention, audio equipment generally uses DDS-specific ICs with 10 ps (picosecond) jitter functions, but the D-2 is the first device to use Texas Instrument's PLLatinum™ RF LMX2594 synthesizer for an audio DDS. The LMX2594 synthesizer was developed for radars and measurement instruments and boasts the world's highest specifications with performance index of -236 dBc/Hz and jitter of 45 fs (femtosecond, 1/1000 of a picosecond). This ultralow jitter DDS results in an overwhelmingly clear and deep spatial presentation when inputting the high-precision external clock and using the built-in TCXO.
Supports 10 MHZ external reference clock inputs
Using a DDS with jitter functionality that surpasses quartz means that the D-2 comes with 10 MHz external reference clock inputs, a SOULNOTE first. The internal clock relies on a high performance TCXO boasting stunning phase noise (-121 dB at 10 Hz offset). It also features a high frequency relay with mechanical contacts to avoid additional jitter from the IC when switching between the internal clock and an external clock generator. The internal clock power supply shuts off and vibrations stop when using an external clock generator, this way removing any risk of mutual interference.
Uses 4 ES9038PRO (industry's first)
Two ES9038PROs per channel are employed for the upper and lower differential complementary inputs in this SOULNOTE original fully symmetric non-NFB discrete amplifier, completely driving the initial stage in the non-NFB differential amplifier. The IV circuits are extremely simple with only one resistor to eliminate TIM distortion which can be so problematic with feedback type IV. With an extremely powerful 120 mA, two ES9038PROs are used in each channel to allow natural music playback bursting with life. The ES9038PRO operates in synchronous mode to obtain the highest sound quality.
NOS mode
In addition to the conventional FIR oversampling mode, the D-2 also has the new NOS(non-oversampling)mode, which is a non-NFB version adapted to operate in the digital domain. This mode does not generate the pre- and post-echoes observed in FIR oversampling. It also suppresses extremely low noise levels with analog outputs, with no difference in levels between the two modes.
Impulse output waveform with an FIR oversampling filter (D-2 analog output)
Pre- and post-echoes are artificial "sounds" created by data calculations before and after the data is interpolated. They make waveforms like sine waves appear smoother, but calculation algorithms can affect the sound quality or ambiguity and be added to the time axis.
Impulse output waveform in NOS mode (D-2 analog output)
This waveform can only be achieved by combining a non-NFB discrete amplifier with superb transient response performance. Because music waveforms are actually a series of impulse waveforms of different heights, the NOS mode eliminates any ambiguity in the time axis information, creating more realistic and natural sound quality and an expansive listening environment to the hearing acuity of humans, which is extremely sensitive to the time axis.
* The NOS mode cannot be used with DSD.
Dual mono construction using fully discrete non-NFB differential amplifiers
The SOULNOTE original discrete fully symmetric non-NFB differential amplifiers are arranged in a dual mono construction that is completely placed independently on the left and right channels, including the power supply rectifier. In addition, connecting cables have been eliminated for sound signals and in power supplies. Wiring from the transformer, a high current loop, has also been minimized.
400 VA bifilar wound high-regulation toroidal transformers with eight windings on the secondary side
The D-2 incorporates the newly developed power transformers with eight windings on the secondary side that are capable of regulation similar to that of very high power amplifiers. Independent rectifier circuits in each stage prevent interference. Because transformers are a source of vibration, SOULNOTE has used only one in each unit to simplify the vibration type and has constructed the unit body so that any unwanted vibration is transmitted away from the body through a spike placed directly under each transformer.
Noise countermeasures that don't rely on filters
The D-2 uses 4 boards wrapped in 70-micron thick copper foil that eliminates noise by optimizing the printed circuit board layout. Noise countermeasures that don't rely on filters that can impact sound quality like ferrite, etc. are employed throughout, and each mode keeps unwanted radiation below the noise floor.
An independent digital board layout with consideration of future upgrades
The digital boards are independent structures with one portion connected to the rear panel, allowing for upgrades in the future.The connection to the analog circuit use soldered pin heads, eliminating sound quality deterioration caused by contact resistance in connectors.
Expandable to dual mono DAC
STEREO, MONO Lch, and MONO Rch modes can be selected on the D-2. In MONO mode, by stopping the ES9038PROs on the opposite channel, thus doubling the power margin and making channel separation practically infinite.
Dealers selling Soulnote near you
Authorized dealers for Soulnote D-2 VER 2
- Absoulute Audio plus Video — in-store — Aiken, South Carolina, United States (website)
- Supreme Acoustic Systems — in-store — Las Vegas, Nevada, United States (website)
- The Music Room — online and in-store — Erie, Colorado, United States (website)
- Aalen Hifi — in-store — Schwäbisch Gmünd, Baden-Wurtemberg, Germany (website)
- Anagram Audio — online and in-store — Bury St Edmunds, England, United Kingdom (website)
- Art & Voice — online (website)
- Art et son — online and in-store — Montréal, Québec, Canada (website)
- Art Sonique — France (website)
- Atelier 13 Audio — in-store — Forest Hills, Tennessee, United States (website)
- Audio Basic — in-store — Singapore, Singapore (website)
and 31 more verified dealers
The vivid, dynamic D-2 VER 2 turns digital into something palpably alive, with striking clarity, expansive imaging, and a fleet sense of timing. hi-fi+ and The Ear both praise its energy and spatial realism, while its NOS/FIR choices and 10MHz clock input add welcome flexibility for systems that reward precision and drive.
Pros
- Delivers vivid, highly engaging sound with excellent speed, dynamics, and transient attack.
- Creates a large, well-separated soundstage with strong image depth and clear instrumental placement.
- Offers unusually rich connectivity and tuning options, including USB, AES/EBU, coaxial inputs, filter choices, and a 10MHz external clock input.
- Impresses with serious build quality and thoughtful noise-reduction engineering.
&
Cons
- Its lively balance can be less forgiving with compressed or overly hot recordings.
- The presentation may sound bright or slightly hard in some setups, especially on certain placement or filter choices.
- Fixed outputs mean it is not easily used as a preamp.
Sound Quality
87/100
Weighted average of the three sound sub-criteria. Reviewers consistently describe the D-2 as vivid, dynamic, and highly engaging, with a presentation that makes digital feel more like music than hi-fi. The consensus is strongly positive, but the sound is not framed as universally smooth or forgiving, so the score stays in the high-80s rather than pushing into true top-tier superlative territory.
Tonal Balance and Musicality
88/100
The D-2 is repeatedly described as open, eager, vivid, vibrant, and musically involving. The Ear calls it a 'groove machine' with an 'open and eager' balance and a touch of 'tubey quality' that adds richness without losing energy, while hi-fi+ says it prioritises 'speed and excitement over smoothness.' That makes for a highly compelling tonal character, though not a universally warm or relaxed one.
Resolution and Detail
88/100
Both reviews stress strong detail retrieval and clear layering. Phrases such as 'impressive impact and luminous clarity,' 'vivid and detailed,' and 'greater individuality' for orchestral sections point to very good micro-detail and separation. It is praised for revealing low-level nuance and making voices and instruments feel more lifelike, but the language stops short of the kind of repeated superlatives needed for a mid-90s score.
Digital Performance
85/100
The D-2 is credited with making digital streams sound 'like real music,' with a rare sense of space, reverb, and image depth, and The Ear specifically notes beneficial results from an external clock. At the same time, hi-fi+ mentions FIR-filter ringing and a preference for NOS to avoid transient artifacts, which keeps this from scoring higher. Overall the digital behavior is strong and refined, but not wholly free of caveats.
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Build Quality
90/100
Reviewers describe the unit as 'superbly executed' and physically substantial, with The Ear noting a 17kg chassis, copper foil shielding, dual-mono-style layout, and extensive noise-reduction measures. The build appears serious and thoughtfully engineered, and the presence of a 10MHz external clock input plus the complex internal layout suggests a high level of design effort. That said, the evidence is more about engineering seriousness and isolation measures than luxurious fit-and-finish details, so 90 is strong but still appropriately restrained.
Features Connectivity
92/100
This is a genuinely rich DAC feature set. The D-2 includes USB, two coaxial inputs, two AES/EBU inputs, balanced XLR and RCA outputs, high-rate PCM/DSD support, selectable oversampling/FIR filtering, a 10MHz external clock input, and mono/stereo switching. On the baseline-plus-additions rules, that places it firmly in the fully featured range and close to reference-level connectivity, though it lacks networking/streaming and headphone functionality.
Value for Money
84/100
At roughly 9,085, reviewers frame the D-2 as expensive but competitive for a Japanese DAC with high build quality and advanced tech rather than as a bargain. The Ear explicitly calls it 'a competitive price' in its class, and hi-fi+ presents it as a serious performer that can better respected rivals like the Altair G2 DAC, which supports a justified-premium score. The reviews do not use strong bargain language, but they do suggest the price is defensible for the performance offered.
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