SERATO Recording Issue

Ok so I’ve tried looking on Google but can’t seem to find anything so now I’m turning to you guys.br
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This never used to happen before and I can’t work out why it’s doing it now, but trying to record a mix into Serato, I click REC and make sure it’s not redlining (standard practice right).br
Anyways the final recording sounds like it’s been processed through a brick wall limiter, the audio image is a complete wall of sound and lost all dynamics?!br
I even tried turning the volume next to REC on Serato and recording again, the recording level was lower, however the audio still squashed to F.br
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It’s mad, any ideas?

when you open the recorded file in an editor does it look squashed?

Yes it does! Majorly squashed.br
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I still haven’t been able to resolve it.