EXP has been massively cut, but you have to consider some things.
They raised levels of certain monsters by a lot, and new EXP ratios resemble something like 80:1, that’s 80 hp for 1 exp point o_o, almost 8x as more, but seeing with % equips and stuff it somehow all balances out.. (not exactly, but ballparking, I suppose it gets close).
For example, Skelegons give like 4.5k exp, and have ~90k ish hp and are level 10x, in the test patch, they’re like level 145 and have like an insane amount of HP and gives less exp.
EDIT: New balance out to balance this patch.