Prep the air fryer and pan: Preheat your air fryer to 320°F (160°C).
Lightly spray silicone donut molds or a donut pan that fits your basket. If you don’t have molds, shape thick batter rings on small parchment squares.
Mix dry ingredients: In a bowl, whisk flour, protein powder, cornstarch, baking powder, baking soda, salt, and sweetener. Breaking up clumps prevents dense spots.
Mix wet ingredients: In another bowl, whisk Greek yogurt, egg, vanilla, and melted light butter/oil until smooth.
Combine: Add dry to wet.
Stir gently until just combined. If too thick to pipe, add 2–3 tbsp milk, 1 tbsp at a time. The batter should be thick but scoopable.
Fill molds: Spoon or pipe batter into the donut molds, filling about 3/4 full.
Smooth the tops with a damp spoon for even rise.
Air fry: Cook at 320°F (160°C) for 6–8 minutes until set and lightly golden. A toothpick should come out clean or with a few moist crumbs. Avoid overcooking—protein dries fast.
Cool and finish: Let donuts rest in the molds for 5 minutes, then transfer to a rack.
Glaze while slightly warm or dust with cinnamon sugar. For glaze, whisk powdered sugar with milk to a drizzle.
Serve: Enjoy warm for the softest texture. Each donut targets about 18 g protein depending on your protein powder and glaze.