This chemical is primarily utilized in the field of organic synthesis, particularly as a chiral ligand or catalyst in asymmetric reactions. Its unique structure, featuring a dinaphtho[2,1-d:1',2'-f][1,3,2]dioxaphosphepin core, makes it effective in controlling stereochemistry during the formation of complex molecules. It is often employed in the synthesis of pharmaceuticals and fine chemicals, where precise enantiomeric control is crucial. Additionally, its ability to form stable complexes with transition metals enhances its utility in catalytic processes, such as hydrogenation, cross-coupling, and cyclization reactions. Its application in these areas contributes to the development of more efficient and selective synthetic methodologies.