Peel and devein your 1 pound large shrimp leaving the tails on if desired. Slice each shrimp lengthwise down the middle to create a butterfly shape, then pat them dry with paper towels.
In a bowl, combine 1/2 cup all-purpose flour , 3/4 cup panko breadcrumbs 1 teaspoon paprika, 1/2 teaspoon garlic powder, 1/2 teaspoon salt, and 1/4 teaspoon black pepper. Mix well so the seasoning is evenly distributed.
Dip each shrimp first in beaten 2 large eggs, then dredge in the breadcrumb mixture, pressing gently so the coating sticks. Set the coated shrimp aside on a plate.
Spray the air fryer basket lightly with cooking spray and preheat the air fryer to 400 degrees Fahrenheit (200°C) for 3–5 minutes.
Place the shrimp in a single layer in the basket, making sure they don’t overlap. Cook for 6–8 minutes, flipping halfway through, until golden brown and crispy.
Serve immediately with dipping sauces like ranch, cocktail sauce, or aioli. Garnish with fresh parsley or a squeeze of lemon if desired.