01 -
Put the marshmallows in the freezer for at least 30 minutes to keep them firm while frying. Set up a baking sheet with paper towels and a wire rack.
02 -
Add enough canola oil to a heavy pot to reach 3-4 inches deep and heat to 375°F. Keep a candy thermometer handy to watch the temperature.
03 -
In a small bowl, whisk together milk, egg, and vanilla. In a larger bowl, make a well in the pancake mix and add the milk mixture. Stir gently until just combined - keep it slightly lumpy for the best texture.
04 -
Working with 4-5 frozen marshmallows at a time, use your fingers to completely coat each one with batter on all sides.
05 -
Carefully drop the coated marshmallows into the hot oil and fry for 25-30 seconds per side until lightly golden brown. Use a slotted spoon to flip them if needed.
06 -
Lift the fried marshmallows out with a slotted spoon and place on the prepared baking sheet. Serve hot with a dusting of powdered sugar or your favorite toppings.