Smaug vs Yixuan: who would win?

Yixuan favored — Slight edge (~55%)

Smaug · Lord of the Rings · Base

Tier
7-C, up to 7-A
Attack Potency
Town Level, up to Mountain Level
Speed
Superhuman, up to Subsonic
Durability
Town Level, up to Mountain Level

Yixuan · Zenless Zone Zero · Base

Tier
7-C, up to HIGH 7-C
Attack Potency
Town Level, up to Large Town Level
Speed
High Hypersonic, up to Massively Hypersonic
Durability
Town Level, up to Large Town Level

A heuristic estimate from normalized VS Battles Wiki stats: tier, attack potency, speed and durability.