The article states the core thesis about two asymmetric modes of existence of war – physical and discursive. The purpose of the article is to substantiate the analytical and practical necessity of distinguishing between two modes of existence of hybrid warfare as a phenomenon of physical reality and as a discursive construct, as well as to raise questions about the value specificity of the relationship between them. The methodology of work represents the implication of two asymmetric modes of war existence (...) – physical and discursive. The relationship between the two modes can be described in particular through modern cognitive-semantic and communicative approaches. Analysis, synthesis, description, distinction, historical perspective, forecasting and hermeneutic tools of comprehension are the core methods of this work. In the military dimension, any military confrontation in general is localized, while the discourse of this hybrid war has become global. The interpretive component of hybrid warfare is implemented through discursive verbal-semiotic means. Particular attention is paid to the analysis of the concept of victory. The Ukrainian dimension embodies the postmodern practical representation of the analysis of the problem of hybrid warfare as a war of interpretations. (shrink)