01 - Preheat oven to 425°F. Line a baking sheet with parchment paper or foil.
02 - Pat chicken wings dry with paper towels and place in a large bowl. Add vegetable oil, garlic powder, onion powder, smoked paprika, salt, and black pepper. Toss until evenly coated.
03 - Arrange wings in a single layer on the prepared baking sheet.
04 - Bake for 35-40 minutes, turning halfway through, until wings are golden and crispy.
05 - While wings bake, combine Sriracha, melted butter, honey, soy sauce, rice vinegar, and minced garlic in a saucepan over low heat. Stir until smooth and heated through.
06 - Transfer baked wings to a large bowl. Pour warm Sriracha sauce over and toss to coat evenly.
07 - Arrange wings on a platter. Garnish with cilantro, sesame seeds, and lime wedges if desired. Serve immediately.