Preheat oven to 425°F (220°C). Line baking sheets with parchment and set wire racks on them if available. Slice zucchini into 1/8–1/4 inch rounds.
Combine panko, Parmesan, garlic powder, onion powder, smoked paprika, salt, and pepper in a shallow bowl.
Whisk eggs with water in a separate bowl (or thin Greek yogurt with a little water).
Dip each zucchini slice into the egg mixture, allow excess to drip, then press into the breadcrumb mixture. Arrange on racks or parchment in a single layer.
Brush or spray with olive oil and bake 12–18 minutes, flipping once, until golden and crisp. Transfer to a cooling rack to prevent sogginess.
Preheat air fryer to 400°F (200°C). Cook in a single layer 6–9 minutes, flipping halfway, until crisp. Work in batches.
Mix Greek yogurt or sour cream with lemon juice, dill, and salt. Chill until ready to serve.
Notes
For extra crispness, pat zucchini slices dry before coating.
Store leftover chips at room temperature in a single layer and re-crisp in a 350°F oven for 5–7 minutes if needed.