Preheat the oven to 375 degrees.
Lightly spray your donut pan with cooking spray.
Empty cake mix into a mixing bowl.
Add egg, ¼ cup of oil and 1 cup of peanut butter.
Mix on low speed for 1 minute, then increase the speed to medium and blend for 90 seconds, or until the batter is smooth.
Transfer the batter to a large zipper seal bag and seal.
Snip one end off of the bag with scissors.
Pipe the batter into the donut pan, filling a little more than ½ full. Bake for 11-13 minutes.
Remove from the oven and allow to cool in the pan for 3-5 minutes before transferring to a wire rack.
When the donuts are completely cool, dip them into the glaze, then allow to dry on the wire rack.