Well, don't know location yet, so I'll just go on without it.
Hyperion (Exiles) Vs Enchantress
Okay, so Hyperion has the strength, quickness, and cruelty factor down on this match. The only thing he has to really fear from Enchantress is her ability to sway men to do her will, but the thing is, according to her bio, she has to kiss him. Now while Hyperion's shown in the past to enjoy getting down and dirty with the ladies, he's never just up and kissed a foe. He's more likely to know what this tournament's about and just go to town on the killing. Enchantress has some good mystical abilities, but Hyperion can take a hit. His speed is something way beyond what Enchantress can handle, and really all it would take is one hit to put her down. He can also attack with a variety of surounding materials at a distance (such as throwing a train at her), or with his heat vision. I mean, this dude snorted Holocaust like he was last week's crack and killed every hero of several worlds. One lone asguardian woman shouldn't be a problem.
winner - Hyperion