Vṛṣabhadeva’s Sphuṭākṣarā, a commentary on the first chapter of Bhartṛhari’s Vākyapadīya and its Vṛtti, offers a peculiar interpretation of the monistic ideas exposed at the beginning of the mūla text. The reflection on the status of ordinary reality and its relation with the unitary metaphysical principle is particularly interesting. Although according to Bhartṛhari’s perspective the entities of the world are real, the Sphuṭākṣarā offers a more intricate picture in which different degrees of reality seem involved. Furthermore, the author adopts hermeneutical (...) tools that are unusual in Bhartṛhari’s texts, and comparable to those of Advaita Vedānta. In particular, the article will deal with Vṛṣabhadeva’s use of the notion of ‘inexpressibility’, as well as with other concepts which are typical of the scholastic phase of Advaita. In discussing these affinities the paper will also touch upon the problem of Vṛṣabhadeva’s historical collocation. (shrink)