Step 1

Combine the coconut milk, coconut sugar and salt in a saucepan over medium-high heat.

Step 2

Bring to a boil (keeping a close eye on it, as it can quickly boil over), then immediately lower the temperature, keeping the sauce at a light simmer.

Step 3

Simmer for 30-40 minutes, stirring occasionally. As the sauce reaches the last 5-8 minutes of cooking time, stir more frequently to incorporate the darker caramel bits from the bottom into the sauce.

Step 4

Once the sauce has turned a dark amber and has thickened to coat the back of a spoon, remove from the heat and stir in the coconut oil and vanilla extract.

Step 5

Serve the sauce warm or refrigerate in a sealed glass jar.