Fit a cooling rack on top of a baking sheet. Set aside.
Pour the vegetable oil into a Dutch oven or other large heavy bottom pot with high sides until there's about 2 inches of oil.
Turn the heat to medium-high and allow the heat to come up to 360°F (use a candy thermometer).
While the oil heats up, slice the wonton wrappers into 3/4" slices. Separate them slightly so they don't stick together when frying. Set aside.
Once the oil reaches 360°F, carefully drop a handful of wonton strips (about 10-13) into the oil. Make sure not to crowd the pot. Use a spider strainer to gently stir them apart and flip them over so they crisp up on all sides.
Once all of the strips have crisped up to a golden brown of your liking, use the spider strainer to carefully lift them out of the oil, gently shaking off excess oil as you lift the strainer. Then place the fried wonton strips onto the prepared cooling rack.
Repeat these steps to fry the remainder of the wonton strips.
Notes
Makes approximately 10 servings to be used as a topping for salads, soups, and general Asian dishes, or 10-12 snack servings. Note: I only use half a package of wonton wrappers because it makes a lot. But if you need even more wonton strips to feed a large crowd, you can use one whole package.