01 - Preheat oven to 425°F. Line a baking sheet with parchment paper or aluminum foil.
02 - Pat chicken wings completely dry with paper towels. Place in a large mixing bowl.
03 - Add vegetable oil, garlic powder, onion powder, smoked paprika, salt, and black pepper to the bowl. Toss until wings are evenly coated with the seasoning mixture.
04 - Arrange seasoned wings in a single layer on the prepared baking sheet, ensuring pieces do not overlap for even cooking.
05 - Bake for 35-40 minutes, turning wings halfway through cooking time, until golden brown and crispy with cooked-through meat.
06 - While wings bake, combine Sriracha, melted butter, honey, soy sauce, rice vinegar, and minced garlic in a saucepan over low heat. Stir continuously until smooth and heated through.
07 - Transfer baked wings to a large clean bowl. Pour warm Sriracha sauce over wings and toss thoroughly to ensure even coating.
08 - Arrange coated wings on a serving platter. Garnish with chopped cilantro, toasted sesame seeds, and lime wedges if desired. Serve immediately while hot.