The sentences employed in semantic paradoxes display a wide range of semantic behaviours. However, the main theories of truth currently available either fail to provide a theory of paradox altogether, or can only account for some paradoxical phenomena by resorting to multiple interpretations of the language, as in (Kripke, 1975). In this article, I explore the wide range of semantic behaviours displayed by paradoxical sentences, and I develop a unified theory of truth and paradox, that is a theory of truth that also provides a unified account of paradoxical sentences. The theory I propose here yields a threefold classification of paradoxical sentences—liar-like sentences, truth-teller–like sentences, and revenge sentences. Unlike existing treatments of semantic paradox, the theory put forward in this article yields a way of interpreting all three kinds of paradoxical sentences, as well as unparadoxical sentences, within a single model.