If you want to make a huge fashion statement, the Oscars is one of the best places to do so. Hollywood’s finest hit the carpet with their best looks, but one star that stood out was none other than Miley Cyrus.

Miley Cyrus arrives at the Vanity Fair Oscar Party. (AP)

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The former Disney star flaunted her physique in a low-cut black sequin Yves Saint Laurent gown that daringly exposed her left thigh and midsection. She finished the look with a pair of strapped high heels. Adorned in silver jewelry including a diamond snake necklace from Bvlgari and wet curls, Cyrus hit the scene with husband Liam Hemsworth, who opted for a simple black-and-white suit with a bowtie. With Hemsworth’s classic attire and Miley’s eye-grabbing outfit, the couple made sure to leave their mark on the red carpet.

Liam Hemsworth, left, and Miley Cyrus arrive at the Vanity Fair Oscar Party. (AP)

In a close call, Cyrus and Hemsworth avoided a potentially awkward encounter with Cyrus’ ex, Stella Maxwell. Maxwell, a Victoria’s Secret model that Cyrus dated in 2015, dazzled the red carpet with a silver beaded gown laced in jewels.

Stella Maxwell attends the 2019 Vanity Fair Oscar Party hosted by Radhika Jones at Wallis Annenberg Center for the Performing Arts on Feb. 24, 2019 in Beverly Hills, Calif. (Photo by Jon Kopaloff/WireImage)

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Cyrus and Hemsworth had an on-and-off relationship dating back to 2009 before finally tying the knot in 2018. However, during a brief hiatus from their relationship in 2015, Cyrus dated the model.

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Cyrus, who has previously said she is pansexual, recently spoke about her marriage in the latest issue of Vanity Fair.

"The reason that people get married sometimes can be old-fashioned, but I think the reason we got married isn’t old-fashioned — I actually think it’s kind of New Age. We’re redefining, to be f—king frank, what it looks like for someone that’s a queer person like myself to be in a hetero relationship," Cyrus told the magazine.