Cut chicken wings into drumettes and flats, if not already separated. Pat the wings completely dry with a paper towel.
1 pound Chicken wings
To a medium bowl, add garlic powder, onion powder, paprika, salt, and pepper. Combine completely, then season the wings with this mixture so all sides are evenly coated.
½ teaspoon Garlic powder, ½ teaspoon Onion powder, ½ teaspoon Paprika, Salt, Black pepper
Pour chicken broth into the Instant Pot, then set the trivet or steamer basket over top. Arrange the seasoned wings on the trivet, or in the steamer basket, in a single layer. Be careful not to overlap any wings.
1 cup Chicken broth
Secure the Instant Pot lid, then set the valve to "sealing". Select "manual" or "pressure cook" mode. Cook for 8 minutes at HIGH pressure.
After cooking, quick release the pressure by turning the valve to "venting". Do this carefully, using a kitchen towel or mitt to turn the valve.
Optional: For crispy wings, turn on your oven broiler. Transfer the cooked wings to a baking sheet lined with aluminum foil, then brush with wing sauce. Broil on high for 2-3 minutes per side.
½ cup Honey sriracha sauce
Serve with extra sauce for dipping, and enjoy!