Used as a chiral ligand in asymmetric catalysis, particularly in transition metal-catalyzed reactions. It plays a key role in enantioselective hydrogenation and cross-coupling reactions, where high stereocontrol is required. Its structure allows for strong coordination to metals like palladium, rhodium, and ruthenium, enhancing catalytic activity and enantioselectivity. Commonly applied in the synthesis of pharmaceutical intermediates and fine chemicals where precise chirality is critical. Effective in low catalyst loadings, making it suitable for industrial-scale asymmetric transformations.