Lag and delay when playing coop or multiplayer

Hello it’s your boy Zane:D

I got the game on steam last week it’s great but when playing coop with other players or matchmaking with random players to play any multiplayer mode, there is a lag and delay in gameplay which makes the game unplayable and abig mess , opening a chest takes around 4-5 sec u get killed and dont know what is happening , out of combat the lag is less but still there, I dont experience this with any other game, is there something that can be done about it?

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I lowered the settings to very low and now I can finally shoot something the lag is minor ,come and go at times but still there , better than nothing