if cooc wait for top layer to change color, if 'soil' you want to wait for top 1" to dry before re-irrigating.
just need more perlite or similar if it's not fluffy or not draining well enough. vermiculite is also a good option. vermiculite also adds some plant-available silica. (technically perlite has silica in it but it will never be plant-available.) go 50/50 with high water capacity soil... you can do less with coco, because it holds 2/3rds the water by volume. so 30% perlite or similar is fine in coco.
any more is diminishing returns. this will improve root zone health. improved drainaage. improved O2 penetration. it will cause a little more frequent irrigations, of course, since it now retains less water per volume.