Best DAC for around $2,500 or less


What are your opinions on the best DAC for under $2,500?  Looking at the Schiit Yggy or many of recommend Denafrips so looking at their Pontus.  Any thoughts on how these two compare?  It might be misguided by I tend to think your getting a little more for your money with a direct to consumer company like Schiit and I know they are highly regarded for their DACS.  Anything else to look at in this price range? 
mvrooman1526
And because I just got the email correspondence from Ben @ mojo audio, I'll note that he totally disagrees with me (strongly) and doesn't believe in i2s between dacs. 

He states:  In i2s "the clocking and data are divided into three separate signals: bit clock, word clock, and data.

In every other form of digital transmission (USB, Ethernet, Thunderbolt, etc) the clocking is embedded into the data stream and then it is asynchronously buffered and reclocked.

Think about it: if one clocking stream has the potential to get distorted, why would making three clocking streams that have to be synchronized be better?!?!?!?!?"
hgeifman in total agreement.I suggest the Ayre CODEX DAC.  The CODEX DAC has many design features not commonly found in a DAC that retails for $1,795.  One is a pure analog, linear power supply instead of the more commonly found switching power supply The Ayre is running expensive Toshiba Jfet outputs that in all my comparisons have not only run up against most all 5 k dacs but surpass as most just dont use them.   The CODEX DAC has "A fully-balanced signal path throughout the analog circuitry provides an inherently clean and quiet backdrop for your music. The zero-feedback design maintains all of the pace and rhythm of your favorite artist, rendering your digital music as effortlessly as if it were live”.   Best JohnnyR

https://www.ayre.com/products/digital/codex/

@Audioconnection,  any idea how the QB-9 Twenty upgrade sounds in comparison to the Codex?  I'm considering the Twenty upgrade to my Ayre that's worked flawlessly since 2009.
I love my Brooklyn. original not +,  plays well with my Innuos. Happy searching.

I received both the Schiit Bifrost 2 and Border Patrol SE-i recently to compare a couple of well reviewed DACs. I have to say that the Schiit was not very impressive to my ears so that is going to be returned. Sure it sounds nice but overall not a huge difference to what I was getting from my Bluesound Node 2i.

Now the Border Patrol on the other hand has been utterly AMAZING! The music this thing makes is beautiful and just so natural and lifelike. I already expected that by the reviews but I’m totally blown away. Also what is really impressive is the bass extension beats the pants off the Schiit which was unexpected. Imaging, soundstage, details are all there in a holographic way. I close my eyes and I’m there with the musicians. Instruments and vocals sound scary real and emotional treat. If there is one knock I have to give it would be the noise floor could be darker but I use a tube amp so that doesn’t help. Just keep in mind the BP does require a high input impedance to match well.

Other than that it has taken my system up a huge notch. Gary Dew is a straight shooter and had great communication throughout the ordering process. He hand builds and tests each one before it ships out.

Highly recommended DAC for anyone in the market!

-Alex