06/03/2014 08:53 EDT | Updated 06/03/2014 10:59 EDT

Rihanna Is Practically Naked At CFDA Fashion Awards 2014

Everyone just may as well give up now, because Rihanna wore the coolest outfit at the 2014 CFDA Fashion Awards last night.

RiRi turned up the heat on the red carpet when she wore a glittery custom Adam Selman fishnet dress that was completely see-through, which showed off her bare breasts and derriere. (Yes, she was wearing nude panties.)

Styled with a matching headscarf and gloves, the entire ensemble was covered with more than 200,000 Swarovski crystals, making the outfit one of the most dazzling red carpet looks we've ever seen.

But the "Stay" singer didn't stop there; a pink fur shrug, jewels by Jacob and Co. and strappy sandals completed the head-turning ensemble.

To cement her status as a fashion "it" girl, the 26-year-old Barbadian beauty was honoured with the Fashion Icon Award and was celebrated by the likes of supermodel Naomi Campbell and Vogue editor-in-chief Anna Wintour.

Before the ceremony, American designer Zac Posen told the Associated Press why the Vogue cover girl deserves such an outstanding award.

"She takes risks and she marches to her own drum and she knows what she likes," Posen said. "It's been an incredible journey."

As RiRi once told a Vogue contributor: "You will never be stylish if you don’t take risks." Amen, sister!

Check out the stunning Rihanna below:

Rihanna looked amaze:

Photo gallery 2014 CFDA Awards Red Carpet See Gallery