Couldn’t figure out where else I saw this but I have this same exact problem, it isn’t a big deal but it is extremely annoying live and muting something you have no intention to is a huge problem especially after saving it in a certain state.
Looks like the key combo [FUNC]+[SETTINGS] somehow got linked to Mute Mode.
@brodykauff I seem to have an opposite problem… Mine only outputs (-40) - (-30) dB at around 3/4 master volume and the amp/track level turned up all the way. Input volume on my audio interface hasn’t been touched since before the update.