Preheat the air fryer to 400 degrees F (200 degrees C).

Place chicken wings in a large bowl and toss with 2 tablespoons Old Bay® seasoning and black pepper. Add cornstarch and toss wings until fully coated. Shake each wing and place in the air fryer basket, making sure they are not touching; cook in batches if necessary.

Fry in the preheated air fryer for 10 minutes, shake the basket, and fry an additional 8 minutes. Flip wings over and fry until chicken is cooked through and juices run clear, 5 to 6 more minutes.

Meanwhile, combine butter and 1 teaspoon Old Bay® seasoning for sauce in a small saucepan. Bring to a boil over medium heat, stirring constantly.

Dip each wing in the sauce. Serve with remaining sauce on the side.