Pre-heat your oven to 350 degrees F.
In a bowl add the milk, eggs and hot sauce. Whisk until the eggs are incorporated.
Coat the inside of a casserole dish with cooking oil. Add the squash, green onion, peppers and basil. Season with salt and pepper. Toss the mixture until the seasoning is coating all of the vegetables.
Sprinkle the top of the vegetables with the shredded cheese. Pour the and mixture over the top of the cheese and vegetables. Using a spatula, press down slightly on the mixture so that the egg mixture distributes throughout the vegetables.
In a small bowl add the bread crumbs and melted butter. Toss them together, using your fingers to ensure all of the breadcrumbs are coated in the butter. Sprinkle the breadcrumbs in an even layer over the vegetables and cheese.
Bake uncovered for 30 to 45 minutes. Your looking for the mixture to be set, tender and the breadcrumbs to be lightly browned.