The MTV Video Music Awards are one of the hottest events of the year. Both the music and celebrity attendees are usually smoking! The show is an opportunity for artists to show off their new music as well as their fabulous figures.

Selena Gomez, 21, looked amazing in a navy blue tear away dress that revealed a lot of leg and a black bustier underneath. She won Best Pop Video for "Come & Get It."

Miley Cyrus, 20, who has admitted to doing a lot of shopping at bondage stores, showed up on the red carpet wearing skintight black leggings and a cropped top embellished around the waist and cuffs with giant gems.

Katy Perry, 28, pimped her new track "Roar" in a leopard-print dress. Her expensive accessory? A $1,000 diamond and gold grill with the song title inlaid in it.

Taylor Swift, 23, opted for a more classic look - a form fitting floor-length navy blue dress. She wore her hair shorter than usual in a 50s-style bob. She won Best Female Video for "I Knew You Were Trouble."

Check out more fashion from the VMAs...