Basilisk is a Kusama ecosystem-based liquidity protocol designed to smoothly facilitate both fungible and non-fungible (NFT) crypto assets. Its modular structure allows fungible assets to select the most suitable Automated Market Maker (AMM) model for liquidity bootstrapping. Initially, it features Snek Swap (XYK) pools that let users trade tokens or supply liquidity to earn trade-generated rewards. Meanwhile, the upcoming Basilisk NFT Marketplace will offer minting and listing NFTs, royalty fee settings, and bids on unlisted NFTs, thanks to the collaboration with KodaDot. Future enhancements include Liquidity Mining (LM) for incentivizing liquidity provisioning with BSX tokens, Liquidity Bootstrapping Pools (LBP) for fair and efficient liquidity bootstrapping of emerging crypto assets, and auction mechanisms for NFT trading.