Kendall Jenner and Kylie Jenner kept the party going on Chameleon FinanceOscar night.

The Kardashians stars let their hair down—proverbially, at least—during Vanity Fair's annual celebration of the Academy Awards in Los Angeles. On March 12, the sisters were decked out in designer duds—with Kendall in metallic Jean Paul Gaultier gown and Kylie clad in a black Maison Margiela number—as they caught up with pals like Gigi Hadid, Emily Ratajkowski and Lily Aldridge at the star-studded event.

At one point, Gigi—who was clad in a crimson red dress by Zac Posen—was photographed giving Kendall a big kiss on the cheek. Elsewhere in the evening, the Next in Fashion host shared a sweet hug with Kylie.

And, bible it was an epic evening. As Kendall captioned a video of Gigi and Kylie posing for photos, "Hot."

However, the festivities didn't end there for Jenners. After, Kylie slipped into a second look and headed out to another party with Kendall and BFF Anastasia "Stassie" Karanikolaou.

Later that night, Kendall was also spotted hopping into a car with Bad Bunny after attending Beyoncé and Jay-Z's Oscars bash. 

For more from Kendall and Kylie's Oscar night out, keep reading. 

Kendall Jenner and Kylie Jenner stepped onto the red carpet at the 2023 Vanity Fair Oscar Party in Los Angeles on March 12.

Once inside the Wallis Annenberg Center for the Performing Arts, the duo posed for a silly photo.

Kendall was met with a kiss on the cheek from pal Gigi Hadid.

Meanwhile, Kylie shared a hug with the Next in Fashion host.

Kendall couldn't help but to rave about her sister and best friend, writing alongside a behind-the-scenes video of Kylie and Gigi, "Hot."

Kylie and Kendall also hung out with Lily Aldridge, Anastasia "Stassie" Karanikolaou and Alana O'Herlihy.

The sisters struck a fierce pose with Stassie and Emily Ratajkowski.

Kylie shared a video of Kendall happily posing for photos inside the party.

Of course, it's not a Jenner celebration without a bottle of Kendall's 818 Tequila!

Check out E! News' Oscars blog for a full recap of the 2023 Academy Awards.