In a small bowl, add the mayonnaise, sriracha, lime juice, garlic powder, and smoked paprika.
Using a small rubber spatula, mix the ingredients until thoroughly combined.
Serve immediately, or cover and refrigerate until ready to use.
Stir again before serving.
Video
Notes
Although I enjoy the taste of lime juice in this mayo, I add just one teaspoon because it's important to me to keep the mayo thick and creamy. You can double the amount of lime juice, but then the mayo will be slightly thinner.
The only mandatory ingredients in this recipe are mayonnaise and sriracha. If you don't have the other ingredients or simply want to make life easy, you can mix mayonnaise with sriracha and no other ingredients with excellent results. Having said that, the additional ingredients enhance the condiment's flavor, so I almost always use them.
There's no need to add a sweetener since sriracha already contains sugar.
The mayonnaise and sriracha contain salt, so there's no need for added salt.
You can keep this mayo in the fridge, in an airtight container, for up to two weeks (one week if you use fresh garlic). Stir it again before using it. I don't recommend freezing this mayo, as it will separate when thawed.