Route Based on IP Hash need link aggregation, and LACP is one way to do link aggregation, but you can use Etherchannel too.
See: vSphere 6.0 Documentation Center
Limitations and Configuration Requirements
■ | ESXi hosts support IP hash teaming on a single physical switch or stacked switches. |
■ | ESXi hosts support only 802.3ad link aggregation in Static mode . You can only use a static Etherchannel with vSphere Standard Switches. LACP is not supported. To use LACP, you must have a vSphere Distributed Switch 5.1 and later or Cicso Nexus 1000V. If you enable IP hash load balancing without 802.3ad link aggregation and the reverse, you might experience networking disruptions. |
■ | You must use Link Status Only as network failure detection with IP hash load balancing. |
■ | You must set all uplinks from the team in the Active failover list . The Standby and Unused lists must be empty. |
■ | The number of ports in the Etherchannel must be same as the number of uplinks in the team. |