The aim of this paper is to analyze Cantemir’s “Istoria ieroglifică”, by comparing it with the fairy tale structures, whose it pays tribute. I shan’t insist on the historical nature of the text, but on the fictional structures, that would frame the story into the animal tale category. Nevertheless, the fairy tale is supposed to have a stereotypical structure, consisting in an initial equilibrium, the breakup of the initial equilibrium, the hero’s trip in order to restore the initial equilibrium, restoring the initial equilibrium and the reward of the hero. “Istoria ieroglifică” doesn’t follow this structure. Moreover, the protagonist, which the folkloric fairy tale is the first character appearing in the text, in Dimitrie Cantemir’s work is ignored for more than one third of the text. Meanwhile, the antagonist, introduce in the tale in the sequence of the breaking the initial equilibrium, in Cantemir’s story comes in the first stage from the beginning. Thinking of Cantemir’s characters in another way, making Struţocămila the protagonist, one can observe that the hybrid animal is a turned inside out hero. The final conflict solving doesn’t enlighten the situation, as Struţocămila is abolished and the Inorog receives a very small payment for his fight, the kingdom being obtained by Filul, a degraded hero into a degraded world also. The reverted structure of the tale associates to with the elements of absurd in the text, that suggests a subjective perspective of the author over the reality that he observes and the text he writes. It follows that the history is a reverted fairy tale.