Due to a problem in the Quartus® Prime Pro Edition Software version 24.1 and earlier, you may see link up error in simulation using either the F-Tile Ethernet Intel® FPGA Hard IP or the F-Tile Ethernet Multirate Intel® FPGA IP when FAST SIM switches with UX_CLOCK_DRIFT_CORRECTION macro is enabled.
The workaround for this problem is removal of FAST SIM switches with UX_CLOCK_DRIFT_CORRECTION macro from the design.
This problem is scheduled to be fixed in a future release of the Quartus® Prime Pro Edition Software.