Sorry to be crude, but only an idiot would buy a 32-bit DAC. If the full-scale voltage is 1 V, then the value of a single bit is 1/4294967296 of that, or 2.33 x 10 ^ -10. That's 23 NANO-volts! What could you possibly build that could detect such small signals?
1 V is too small, it's better to use higher voltage, because it's hard to deal with nanovolt level noise.
For example 9 V, as used in AK4499 DAC.
Human ear dynamic range is about 140 dB.
Unfortunately existing 24 bit DAC cannot provide so high dynamic range with no distortions and noises.
This is the reason for 32 bit DAC...
Yup, I think the 32-bits refers to a "frame" which contains two 16-bit samples, one left-channel, ore right.
No, it refers to 32 bit word for single channel (mono) and all 32 bits are meaning.
AK4499 can works with up to 4 channels (mono, stereo and quadro) with each channel 32 bit resolution.
But the best 32 bit sound with SNR=140 dB is avaliable for single channel mode (mono) only.
In stereo mode it also uses 32 bit resolution, but SNR=137 dB.