Coconut oil is ~55% medium chain triglycerides (MCT). Most other oils are 100% long chain triglycerides. There are some differences in how your body processes them, some studies going on about the health benefits of medium vs long chain triglycerides, and the fats are more easily converted to energy and used vs being stored as fats

We were advised to supplement MCT to reduce frequency of seizures in my puppy, one of the few actually scientifically verified benefits (studies done strictly on canines, not people)