This chemical is primarily utilized as a ligand in catalytic processes, particularly in transition metal-catalyzed reactions. Its unique structure, featuring adamantyl and pyrazole groups, enhances steric and electronic properties, making it effective in facilitating cross-coupling reactions, such as Suzuki-Miyaura and Heck reactions. It is also employed in asymmetric synthesis, where its chiral environment aids in producing enantioselective products. Additionally, its stability under harsh reaction conditions makes it suitable for use in industrial-scale catalytic applications.