Preheat your oven to 400°F (200°C).
In a large bowl, whisk together the coconut milk, lime juice, honey, garlic, ginger, salt, pepper, and paprika until well combined.
Place the chicken thighs in a large baking dish and pour the coconut lime mixture over the chicken, ensuring all pieces are well coated.
Drizzle olive oil over the chicken and give it a gentle toss to mix.
Bake in the preheated oven for 30-35 minutes, or until the chicken is cooked through and reaches an internal temperature of 165°F (74°C).
Remove from the oven and let it rest for 5 minutes. Garnish with fresh cilantro and serve with lime wedges.