It is recommended to perform Tawaf Al-Ifadah on the day of sacrifice Sahih Muslim 1308
Arabic hadith text
حَدَّثَنِي مُحَمَّدُ بْنُ رَافِعٍ، حَدَّثَنَا عَبْدُ الرَّزَّاقِ، أَخْبَرَنَا عُبَيْدُ اللَّهِ بْنُ عُمَرَ، عَنْ نَافِعٍ، عَنِ ابْنِ عُمَرَ، أَنَّ رَسُولَ اللَّهِ صلى الله عليه وسلمأَفَاضَ يَوْمَ النَّحْرِ ثُمَّ رَجَعَ فَصَلَّى الظُّهْرَ بِمِنًى .قَالَ نَافِعٌ فَكَانَ ابْنُ عُمَرَ يُفِيضُ يَوْمَ النَّحْرِ ثُمَّ يَرْجِعُ فَيُصَلِّي الظُّهْرَ بِمِنًى وَيَذْكُرُ أَنَّ النَّبِيَّ صلى الله عليه وسلم فَعَلَهُ
Translation
Ibn Umar reported that Allah's Messenger (ﷺ) observed the circumambulation of Ifada on the Day of Nabr (10th of Dhu'l-Hijja), and then came back and observed the noon prayer at Mina. Nafi' (one of the narrators) said that Ibn Umar used to observe the circumambulation of Ifada on the Day of Nahr, and then return and observe the noon prayer at Mina, and mentioned that Allah's Apostle (ﷺ) did that.