Game drops below 15 FPS (multiplayer)

Every game i play with friends my FPS constantly sits around 15, this only starts after about 30-40 minutes of playing (any mode / Co-op or versus). I used to play on 4k and would easily stay above 60 FPS but i thought this was the issue so i dropped to 1080p however it makes no difference.
I've only started having this issue after the 1.0 release, I used to be able to play for hours without this every happening.
I'm also hosting the game.

Specs
GTX 1080 8Gb
Intel i5 7600k quad core
16Gb Ram

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