Preheat the oven to 350 degrees Fahrenheit. Grease a 9 x 13 pan with cooking spray and set aside.
Mix the cake mix, coconut milk, eggs, and vegetable oil together.
13 ounces Chocolate Cake Mix, 14 ounces coconut milk, 1/3 cup vegetable oil, 3 eggs
Pour into 9 x 13 pan. Bake for 28 minutes or until a toothpick stuck two inches from the edge comes out with just a few crumbs.
Let the cake cool for about 10 minutes, then poke small holes throughout the cake.
Pour the caramel topping into the holes, making sure that you get some in each whole.
12.25 oz caramel topping
Refrigerate overnight.
Top with cool whip, toasted coconut and additional caramel (or hot fudge).
8 ounces stabilized whipped cream, toasted coconut, more caramel for drizzling