What can't coconut oil do? This edible oil, extracted from the copra or meat of a coconut, has done what most other food, beauty, and health trends have not: demonstrated real lasting power. Indeed, the "superfood" continues to make headlines, with its many uses the subject of debate, study, and fervent support. From the obvious (cooking) to the less so (home improvement), there are likely many coconut oil uses you're not yet aware of.