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SMSL RAW-MDA1 Review: The ESS DAC That Sounds Different

A $240 balanced DAC/headphone amp with dual ES9039Q2M chips that doesn't sound like every other ESS box - warmer tonality, forward mids, and a flexible soundstage.

SMSL $239 Published Updated Checked
8.0
Recommended Worth buying for the listener it suits, once the trade-offs are read.

above 34% of the other reviews in the catalogue

Standout
More premium feel than other SMSL DACs in the price range
Watch out for
Doubled coax/optical inputs instead of BNC or AES
Cheaper alternative
SMSL DL100: $60 less, scores 0.2 higher.
What the verdicts mean

Is it for you?

Buy it if

  • You want one amplifier that will not be the limit on whatever you buy next (Rated 1.7 W into 32 Ω, it clears all 24 catalogued headphones with a drive figure at 110 dB SPL)
  • You want one box to replace a stack, and one power lead behind the desk (from the pros: 2.5W into 16Ω / 1.7W into 32Ω headphone output)

Skip it if

  • You listen mostly on sensitive in-ears, where reserve like this is gain you have to turn down
  • The converter or the streamer in your system is already settled and you will not be paying for a second
SMSL RAW-MDA1 with its glass display switched off, a ribbed knob at right and two headphone jacks at left

Pick #4 of 8 in our Best DACs guide.

Many popular DAC/amps appear to use identical ESS chips, the same XMOS USB interfaces, and similar switch-mode power supplies, resulting in almost indistinguishable sound. The SMSL RAW-MDA1 may seem similar on paper, but it is completely different in practice.

A more premium build than similar SMSL DACs

Watch this part (0:20)

This unit stands out when compared to similarly priced options from SMSL, as it offers a distinctly more premium feel. While the enclosure is made from a rather thin metal sheet - common in this price range - what I found particularly interesting is the considerable weight increase for some reason. This heft makes for the density that contributes to an overall impression of quality and sturdiness. It's important to note that it might not be the most luxurious construction on the market, but it undeniably represents an improvement over other DACs offered by SMSL. This gives you a sense of reliability and durability that many users are looking for in audio equipment.

Examining the RAW-MDA1 closely, you'll notice that its front plate is not only thicker than its sides but also extends beyond the body in all directions. This design choice imparts a modern aesthetic that avoids the conventional squared-off box look that many audio devices have. Instead, the unit's profile presents an appearance that fits well within a variety of setups.

It holds a high-resolution, colorful LCD display protected by tempered glass, which enhances scratch resistance and durability - in other words, it shouldn't get scratched easily by your finger or any plastic objects, as you can only scratch a surface with a harder material than a given surface.

Next to the screen, you'll find a rotary, stepped digital knob that allows for intuitive control over the DAC including volume adjustment and changing the internal settings. While it looks almost identical to one on, for example, the DO100 PRO - it's designed with a bit more finesse. It has a firmer feel, minimizing any wobbling, and it responds with satisfying, more tactile feedback. Unfortunately, it seems to be less accurate as rapid volume adjustments can be unpredictable at times.

SMSL RAW-MDA1 with its glass display switched off, a ribbed knob at right and two headphone jacks at left (view larger)
The tempered-glass LCD, stepped knob, and headphone outs.

The graphical interface presented on the LCD is clean and modern, contributing to an overall user-friendly experience. However, for those who appreciate a nostalgic touch, the option to switch to a more retro display style is a useful feature. It is still going to look digital, so don't expect any simulated VU meters. Instead, the old-school mode reminds me of SMSL DACs from a few years ago.

At the bottom of the unit, four rubber feet provide elevation, which can help with ventilation to prevent heat buildup. These feet also keep the device from sliding on a desk. However, when plugging in or removing cables, it's still necessary to hold the DAC, so it stays in place. Well, you can't expect everything to be top-notch out of a budget-oriented all-in-one device coming at below $240. Nevertheless, I very much appreciate the simplistic design, as it simply works - looking good with almost all other gear stacked on top or next to it.

Two coax and two optical inputs, no BNC

Watch this part (2:21)

The choices made regarding the I/O are rather uncommon and pretty unique. We can feed it digital data using one of two coaxial RCA inputs, one of two optical toslink connectors, wirelessly through Bluetooth, or by connecting a USB-C cable. I have no idea why they went for this doubling of standards instead of replacing one COAX with for example BNC and the second optical with perhaps AES. Maybe they realized those are the most popular ones and it'd be somehow beneficial for people to have multiple of the same standards.

It is powered by a regular C16 power cable with a power switch on the back, which is also included in the box.

The RAW-MDA1's doubled inputs, COAX 1 and 2 above OPTICAL 1 and 2, sit between the outputs and the AC inlet (view larger)
The unusual doubled I/O: balanced XLR + RCA outputs, dual coax and optical inputs, USB-C, and mains in.

For the outputs, it makes more sense. On the back, we have direct DAC outs - a pair of balanced XLRs and single-ended RCAs in the middle. It's an interesting layout, but I'd assume it helps to save some more space or separate two channels more. This is a balanced DAC and I found that it performed better in the XLR mode. The RCA was not massively worse, but it lost some dynamics, detail, and stage width.

On the front, we have headphone outputs, that go through both the DAC and headphone amplifier section. They come in two flavors - desktop-sized 1/4 inch jack, as well as 4.4 millimeters. I'm not sure if the amp section is also balanced, but both outputs sounded pretty similar.

Dual-mono ES9039Q2M chips and six op-amps

Watch this part (3:39)

As always with SMSL products - it's packed with fun functions, features, and some extra gimmicks. It supports MQA decoding and MQA-CD file formats for those Tidal users. I'd say this one is not very useful, I don't listen to MQA files at all. I have my true lossless music library that is not - like MQA - close to the original recording - it IS the original recording with uncompressed-like quality.

This DAC has 2 of the latest ESS chips - the ES9039Q2M in a configuration that I'd assume to be dual mono, so one separate chip per channel. This increases the channel separation as the signal from one chip doesn't bleed to the other. Additionally, this lowers the distortion and improves the SINAD slightly.

For wireless audio, Qualcomm's latest Bluetooth chip supports LDAC, APTX/HD, SBC, and AAC codecs - none of which are lossless yet.

There are 6 high-end dual OPA1612A op-amps for signal amplification. These operational amplifiers are quite popular, but most companies seem to limit the number they use to 3, 4, or maybe 5. Using 6 is not trivial. The well-known XMOS XU-316 is being used as a digital interface - not a surprise. It can work with PCM, DSD, and DoP files - so basically no matter what you throw at it, it'll handle that.

There's a built-in, developed by SMSL low-noise switching power supply. While we all know the benefits of linear PSUs with large toroidal transformers, good switch-mode designs can also sound good, while not getting extremely inefficient and cooking itself.

Specs with 132 dB on XLR and hot outputs

Watch this part (4:42)

This is a seriously good measuring unit.

The dynamic range and THD+N are the same. The XLR outputs have an impressive 132dB, with RCA outputs at 127dB and headphone output at 122dB. A lower distortion indicates that the device produces a sound that is closer to the original audio source without unwanted artifacts or distortions. This means you'll experience a cleaner, more accurate sound reproduction with less coloration, but it is never the full story. There are different types of distortion, harmonics, and overtones and it all adds up to the final sound.

The line output levels are above the industry standard, with 5.2Vrms for XLR, 2.5Vrms for RCA, and 8.2Vrms for headphone outputs. These amplitude levels suggest high gain for the DAC section. Driving external amplifiers is on one hand going to be easier, as gain shouldn't be a problem, but on the other hand, you have to be careful of clipping the signal with some amps. Higher output voltages, such as those from the XLR outputs, will provide greater dynamic range and headroom, enabling more intricate audio detail to come through. Some may call it cheating to get better measurements though.

The headphone output delivers 2.5W per channel for 16Ω and 1.7W per channel for standard 32Ω loads. This power rating means that a wide range of headphones can be driven, providing sufficient power for both low and high-impedance cans. I wouldn't trust it as much to drive a Susvara, HE6, or Tungsten with it, but regular headphones should work optimally without distortion, ensuring a satisfying listening experience.

For PCM it supports a maximum of 768kHz at 32bit, with a maximum of DSD512 for direct stream digital files.

A warm sound for an ESS, with forward mids

Watch this part (6:18)

If you think it sounds the same as every other ESS DAC, you're mistaken. It is even unlike other SMSL chip-based DACs. Even the tonality is not a dead neutral flat line you might be expecting here. Instead, it provides a warmer, but not tube-like experience. It still sounds like a digital device, and it isn't something bad in particular. But it has that warmth, even with no sound color settings.

The bass is typical for any solid-state electronics - meaning well extended, clean, and pretty, but not the most dynamic. I sometimes wanted to get a bit more slam together with concentrated punch, but hey - it still beats most tube-based designs.

In the midrange, what's interesting, I perceive significantly more energy. There's more midrange, than any other frequency spectrum - making it sound a little forward in these registers. It didn't overdo that part though, so you don't have to worry about excessive mids or unwanted forwardness in this range. I think it's a great match to slightly V-shaped transducers that are lacking in the midrange, as it can fill it in.

The treble performance is reasonable for the price. It offers good extension, and some sparkle on top, but not sharpness. It has a bit of that stereotypical digital glare above 13kHz or so, however, it's not that easily noticeable - you have to listen for it. The resolution is more or less in line with my expectations - it doesn't go above and beyond to throw the micro-details at you. Despite that, I never felt like it was veiled in any way, shape, or form.

The soundstage is very flexible, and elastic in its presentation. It can be super close, narrow, and intimate when needed, with for example Billie Eilish vocals. Whereas in large-scale, epic, orchestral symphonies it can immediately expand its boundaries. Of course, it won't get the typical tube-gear width or a good R2R DAC size. No amount of added artificial harmonics can change that. Those technologies are simply better if you want to achieve the ultimate width. But with that dual mono-chip configuration, it gets pretty close. It doesn't sacrifice any imaging precision to do it. The individual sounds are well separated, without a feeling of being stretched laterally to achieve that wider staging.

What's more - this device is silent in terms of noise, it doesn't produce any high-frequency hiss or transformer DC hum. Well, a part of that could be that it doesn't use a transformer. But at least the other part is a competent design with no ground loops.

The verdict depends on your gear's midrange

Is it a good product? Sure, but keep in mind its tonality and the extra midrange. On some gear, it might not be desirable, while on others it can be exactly what you're looking for.

Sound signature

Derived from the words this review uses: each axis runs between two opposite descriptors, and the shape leans toward whichever side the writing does.

Sound signature radar chartSits near neutral on every axis.Warm / BrightRelaxed / AnalyticalPolite / AggressiveLean / Bass-heavyIntimate / Wide stage
  • Warm ↔ Bright Sits close to center
  • Relaxed ↔ Analytical Neutral, no clear signal in the review language
  • Polite ↔ Aggressive Neutral, no clear signal in the review language
  • Lean ↔ Bass-heavy Neutral, no clear signal in the review language
  • Intimate ↔ Wide stage Neutral, no clear signal in the review language
Compared with

Draw a rival's shape over this one.

SMSL RAW-MDA1: Sits near neutral on every axis.

SMSL DL100: Sits near neutral on every axis. Read the DL100 review DL100 vs RAW-MDA1

SMSL DO100 PRO: Leans analytical. Read the DO100 PRO review DO100 PRO vs RAW-MDA1

SMSL PS200: Sits near neutral on every axis. Read the PS200 review

Fosi Audio ZD3: Leans bright. Read the ZD3 review

Not sure which signature suits you? Find yours with a blind A/B test

Read next: head-to-head RAW-MDA1 vs SMSL DO100 PRO The closest score among the products this one is compared with: 8.0, against this one's 8.0. SMSL DO100 PRO with 44.1 lit on its glossy display, a Hi-Res Audio Wireless sticker on top and a round knob

What the RAW-MDA1 will drive

Rated at 1.7 W into 32 Ω, it clears every one of the 24 headphones we have published a power figure for - including the hungriest, the Sivga Luan, which wants about 263 mW to reach 110 dB peaks.

Requirements are each headphone's own published figure, computed from its impedance and sensitivity by the same calculator its review runs. Where a review states a sensitivity without naming its reference, the figure used here is the worst case, so a headphone counts as driven only if the amplifier clears it either way. Reproduce any of it in the headphone power calculator, or open a row's review to move the listening level and watch its figure change.

Every catalogued headphone with a computable power figure, hungriest first, against the RAW-MDA1's rated output at 110 dB peaks.
HeadphoneNeedsDrives it
Sivga Luan263 mWYes
OLLO Audio X1248 mWYes
HIFIMAN HE-R9167 mWYes
Sivga Robin SV02199 mWYes
HIFIMAN RE2000 PRO Silver84 mWYes
Sivga Anser83 mWYes
HIFIMAN HE400se79 mWYes
HIFIMAN Edition XS63 mWYes
HIFIMAN Sundara63 mWYes
Sivga SV021 Pro56 mWYes
HIFIMAN RE800 Silver53 mWYes
HIFIMAN Ananda Stealth50 mWYes
HIFIMAN HE1000 Stealth50 mWYes
HIFIMAN Arya Organic40 mWYes
HIFIMAN Arya Stealth40 mWYes
HIFIMAN Arya Unveiled40 mWYes
Kiwi Ears Orchestra Lite39 mWYes
HIFIMAN HE1000se25 mWYes
HIFIMAN Sundara Closed-back16 mWYes
Meze 105 Silva15 mWYes
Kiwi Ears Atheia6 mWYes
HarmonicDyne Eris5 mWYes
Simgot EM6L5 mWYes
Verum Audio Verum 12 mWYes

RAW-MDA1 price history

List price on this review: $239. US stores charge $12.99 more (5%), Oct 7, 2026. The figures below are what retailers charged for a new unit on the days shown.

United States

$251.99 at Apos Audio is the lowest current new price we track at US stores, checked Oct 7, 2026.

Since Oct 6, 2026
unchanged at $251.99
Tracked since
Oct 6, 2026 (2 days observed)
Tracked retailers, United States
RetailerPriceStockChecked
Apos Audio$251.99In stockOct 7, 2026

US prices are before sales tax and shipping.

Stores shipping from China

$251.99 at HiFiGo and Shenzhen Audio is the lowest current new price we track at stores shipping from China, checked Oct 7, 2026. In stock at all 3 stores below.

Since Oct 6, 2026
unchanged at $251.99
Tracked since
Oct 6, 2026 (2 days observed)
Tracked retailers, Stores shipping from China
RetailerPriceStockChecked
HiFiGo$251.99In stockOct 7, 2026
Shenzhen Audio$251.99In stockOct 7, 2026
Linsoul$279.99In stockOct 7, 2026

These stores ship from China. Prices are what a US buyer is quoted, in US dollars, before shipping and any import duty.

New condition only, as each retailer listed it on the day shown. Every store is checked once a day and this page is rebuilt daily, but a price can change at any time, and past prices do not predict the next one. Only the retailers in the table are tracked. No link here is an affiliate link and no retailer pays to be listed. How prices are tracked

Prefer to read? The written review above covers everything in the video.

  1. 0:00 Why Do ALL DACs Sound The SAME? (opens in new tab)
  2. 0:20 Design & Build Quality (Metal Enclosure, Colorful LCD Display, Rotary Knob) (opens in new tab)
  3. 2:21 Inputs / Outputs (Wireless Bluetooth, USB Functionality, Double Digital Connectors?!) (opens in new tab)
  4. 3:39 Technologies (MQA Decoder, Dual Mono ES9039Q2M, Digital XMOS Interface, DSD, DoP, PCM) (opens in new tab)
  5. 4:42 Technical Specifications (Measurement Monster! - SNR, THD+N, Increased Voltage Outs, Power) (opens in new tab)
  6. 6:18 Sound Quality (Tonality, Midrange Energy, Elastic Sound Stage, Imaging, Tube-like / R2R Sound) (opens in new tab)

Common questions about the RAW-MDA1

  1. Is the SMSL RAW-MDA1 worth $239?

    Rated 8.0/10 and Recommended, with fair value, it makes sense if your gear wants its extra midrange. For $239 you get a silent, well-measuring DAC and headphone amp with dual ES9039Q2M chips, XLR and 4.4 mm outputs and a warmer tone than most ESS designs. Bass slam, ultimate stage width and power for the hardest headphones are where it falls short.

  2. Which headphones and speakers suit the RAW-MDA1?

    Slightly V-shaped ones, or any headphones or speakers that dip in the midrange. The RAW-MDA1 puts more energy in the mids than anywhere else, so it fills that gap without sounding shouty. Pass on it if your gear is already mid-forward, if you want maximum bass slam, or if you own a Susvara, HE6 or Tungsten, which need more power than it has.

  3. RAW-MDA1 or DO100 PRO: which feels better to use?

    The RAW-MDA1 feels more premium than SMSL's similarly priced DACs, with a heavier, denser case, a front plate thicker than its sides and tempered glass over its LCD. Its knob looks almost identical to the DO100 PRO's but feels firmer, with less wobble and more tactile feedback, though fast volume turns can be unpredictable. The two scored the same on this site.

    RAW-MDA1 vs DO100 PRO in detail

  4. Does the RAW-MDA1 sound like a typical ESS DAC?

    It doesn't. Many DAC and amp combos pair the same ESS chips with the same XMOS interface and similar switching supplies, and end up sounding almost identical. The RAW-MDA1 is warmer, even with no sound color setting engaged, and differs from SMSL's other chip-based DACs too. Its stage is elastic, close on a solo vocal and wide on orchestral music, though short of tube or good R2R width. It still sounds digital, with a slight glare above about 13 kHz that you have to listen for.

  5. Can the RAW-MDA1 power a Susvara or HE6?

    Not reliably. Its headphone amp is rated at 2.5 W into 16 Ω and 1.7 W into 32 Ω, enough for a wide range of low- and high-impedance headphones without distortion, but it isn't one to trust with a Susvara, an HE6 or a Tungsten. Headphones that demanding need dedicated amplification. The 6.35 mm and 4.4 mm outputs sounded much the same.

    How much power do your headphones need?

  6. Will the RAW-MDA1 overload my power amp?

    It can if you're careless with levels. The line outputs run hot, at 5.2 Vrms on XLR and 2.5 Vrms on RCA, with 8.2 Vrms from the headphone jack. That gain makes any amp easy to drive, but some will clip.

    Gain staging from the DAC to your ears

  7. Does the RAW-MDA1 have BNC or AES inputs?

    No. It doubles up instead, with two coaxial and two optical inputs beside USB-C and Bluetooth, a choice that's hard to explain when one coax could have been BNC and one of the optical inputs AES. Perhaps SMSL sees coax and optical as the connectors most people own. Bluetooth covers LDAC, aptX HD, AAC and SBC.

Sources

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