The comedienne, 56, who returned as a host to the Oscars after seven years, kicked off the 86th Academy Awards in a shimmery blazer with a short and entertaining monologue.
The chat show host, who switched her costumes a couple of times, once even dazzled in a glitzy fairy outfit paired with a magical wand.
To mark the growing rage of selfie culture DeGeneres clicked a star-studded selfie with Jennifer Lawrence, Channing Tatum, Meryl Streep, Julia Roberts, DeGeneres, Kevin Spacey, Bradley Cooper, Brad Pitt, Lupita Nyong'o and her brother and Angelina Jolie (with her face half obscured), that instantly went viral.
The chat show host kept the elite audience amused with her constant lighthearted jabs, however, she made sure that her performance did not become overbearing.
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In one of the jokes she referred to Lawrence's infamous fall at the last year's Oscars, saying, "Jennifer, by the way, I am not going to bring up what happened last year. It's embarrassing and people just talk about it and it's just, you know. For those of you who don't know what I'm talking about, last year, she fell on the way up. Tripped."
In her opening monologue, DeGeneres said, "Welcome to the Oscars. For those of you watching around the world, it has been a tough couple of days for us here. It has been raining. We're fine. Thank you for your prayers."
To Amy Adams, she said, "you went to college, right?"
"No, we know that the most important thing in the world is love and friendship and family, and if people don't have those things, well then, they usually get into show business."
DeGeneres promised the stars that she would order a pizza for them, which she ultimately did. She dragged a pizza delivery guy from backstage to hand out pizzas to a crowd full of A-listers.
"I think you should think of yourself as winners. Not all of you, but the people who have won before should think of yourself as winners. And I know what you're thinking: 'Ellen, that's easy for you to say. You've been chosen to host and that's kind of the highest award there is.' Thank you," she joked.