I am on the v1.10 firmware which is the latest firmware. I usually record into my iPad which doesn't have a driver. Same issue on my computer though.
I factory reset the settings, I haven't changed anything. The recorded sound via USB seems to have 0 gain. I have attached a screen shot. The top one is a normal track (imported audio), the bottom one is what I get when I record via USB. That is as loud as it gets no matter how loud I crank any of my volume settings, and my guitar is at 100% volume. As you can tell, the problem then becomes the top track during monitoring is way louder than the guitar, and I can't hear anything. Ideally they would both have the same wave size. Thanks for your responses.