Prep your shrimp. Pat shrimp completely dry with paper towels — this step is non-negotiable for crispiness!
Set up your breading station. Place flour (seasoned with salt, pepper, and garlic powder) in one bowl, beaten eggs in a second, and the coconut-panko mix in a third.
Bread each shrimp. Dredge in flour, dip in egg, then press firmly into the coconut-panko mixture so it sticks well. Hold the tail and coat everything else thoroughly.
Preheat your air fryer to 375°F (190°C) for 3 minutes.
Arrange shrimp in a single layer in the air fryer basket. Do not overlap! Spray generously with cooking spray.
Cook for 9–10 minutes, flipping halfway through and spraying again, until golden and crispy.
Make the dipping sauce by whisking all sauce ingredients together in a small bowl.
Serve immediately.