Pat wings completely dry with paper towels, pressing firmly on every surface.
Combine baking powder, salt, garlic powder, smoked paprika, onion powder, black pepper, and cayenne in a large bowl. Add wings and toss to coat. Drizzle with oil and toss again.
(Optional) Place seasoned wings on a wire rack over a sheet tray and refrigerate uncovered for 30 minutes.
Preheat air fryer to 200°C (400°F) for 5 minutes.
Arrange wings in a single layer in the basket, skin side up, with space between each piece. Cook for 12 minutes.
Flip each wing using tongs. Cook for 10 more minutes until the skin is deeply golden and an instant-read thermometer reads 75°C (165°F) at the thickest part.
(Optional) Melt butter in a small saucepan over medium-low heat. Add hot sauce, honey, and garlic powder. Stir until smooth and remove from heat.
Toss cooked wings in the sauce and serve immediately. For dry rub wings, rest 2 minutes on a wire rack before serving.