Heat oil in a large skillet over medium-high heat. Add chicken and sear until browned on all sides and cooked through. Remove to a plate and set aside.
In the same pan, toss in garlic and ginger for about 30 seconds until fragrant. Don’t burn them—they’re the vibe, not the smoke alarm.
Stir in peanut butter, soy sauce, lime juice, honey, and sriracha. Whisk until smooth and glossy. If the sauce is stubborn, loosen with a splash of coconut milk.
Return the chicken to the pan. Pour in coconut milk or water to reach your preferred sauciness. Simmer for 2–3 minutes to blend flavors and heat through.
Taste and adjust: more lime for brightness, more honey for sweetness, more sriracha if you crave heat. Finish with a quick stir.
Serve immediately over rice or noodles. Garnish with chopped peanuts and cilantro if you’re feeling fancy.