The answer may depend on whether the final level control, in the digital to analog interface, is in the digital or analog domain.
If the level control is controlling the digital output of the D to A converter than the general recommendation is that you run the digital stream at max to output the full dynamic range of your digital recording.
If the level control is controlling the analog output, even if it is a digital control of an analog stage, after the D to A conversion than traditional gain staging protocol should be observed with the goal of maintaining a maximum signal to noise ratio along your signal chain.
How do you know what the level control on your D to A device controls? That's not always an easy question to find the answer to.