Used as a chiral catalyst in asymmetric synthesis, enabling the production of enantiomerically pure compounds, particularly in pharmaceuticals and fine chemicals. Its structure facilitates high stereoselectivity in reactions such as Diels-Alder cycloadditions and enantioselective oxidations. Commonly employed in research settings for developing chiral intermediates where precise spatial arrangement of molecules is critical. Also applied in specialized fluorescence-based sensing due to its anthracene core, allowing detection of chiral analytes in solution.