get_term_link()

function get_term_link( $term, $taxonomy = '' ) {
	global $gc_rewrite;

	if ( ! is_object( $term ) ) {
		if ( is_int( $term ) ) {
			$term = get_term( $term, $taxonomy );
		} else {
			$term = get_term_by( 'slug', $term, $taxonomy );
		}
	}

	if ( ! is_object( $term ) ) {
		$term = new GC_Error( 'invalid_term', __( 'Empty Term.' ) );
	}

	if ( is_gc_error( $term ) ) {
		return $term;
	}

	$taxonomy = $term->taxonomy;

	$termlink = $gc_rewrite->get_extra_permastruct( $taxonomy );

	/**
	 * Filters the permalink structure for a term before token replacement occurs.
	 *
	 * @since 4.9.0
	 *
	 * @param string  $termlink The permalink structure for the term's taxonomy.
	 * @param GC_Term $term     The term object.
	 */
	$termlink = apply_filters( 'pre_term_link', $termlink, $term );

	$slug = $term->slug;
	$t    = get_taxonomy( $taxonomy );

	if ( empty( $termlink ) ) {
		if ( 'category' === $taxonomy ) {
			$termlink = '?cat=' . $term->term_id;
		} elseif ( $t->query_var ) {
			$termlink = "?$t->query_var=$slug";
		} else {
			$termlink = "?taxonomy=$taxonomy&term=$slug";
		}
		$termlink = home_url( $termlink );
	} else {
		if ( ! empty( $t->rewrite['hierarchical'] ) ) {
			$hierarchical_slugs = array();
			$ancestors          = get_ancestors( $term->term_id, $taxonomy, 'taxonomy' );
			foreach ( (array) $ancestors as $ancestor ) {
				$ancestor_term        = get_term( $ancestor, $taxonomy );
				$hierarchical_slugs[] = $ancestor_term->slug;
			}
			$hierarchical_slugs   = array_reverse( $hierarchical_slugs );
			$hierarchical_slugs[] = $slug;
			$termlink             = str_replace( "%$taxonomy%", implode( '/', $hierarchical_slugs ), $termlink );
		} else {
			$termlink = str_replace( "%$taxonomy%", $slug, $termlink );
		}
		$termlink = home_url( user_trailingslashit( $termlink, 'category' ) );
	}

	// Back compat filters.
	if ( 'post_tag' === $taxonomy ) {

		/**
		 * Filters the tag link.
		 *
		 * @since 2.3.0
		 * @since 2.5.0 Deprecated in favor of {@see 'term_link'} filter.
		 * @since 5.4.1 Restored (un-deprecated).
		 *
		 * @param string $termlink Tag link URL.
		 * @param int    $term_id  Term ID.
		 */
		$termlink = apply_filters( 'tag_link', $termlink, $term->term_id );
	} elseif ( 'category' === $taxonomy ) {

		/**
		 * Filters the category link.
		 *
		 * @since 1.5.0
		 * @since 2.5.0 Deprecated in favor of {@see 'term_link'} filter.
		 * @since 5.4.1 Restored (un-deprecated).
		 *
		 * @param string $termlink Category link URL.
		 * @param int    $term_id  Term ID.
		 */
		$termlink = apply_filters( 'category_link', $termlink, $term->term_id );
	}

	/**
	 * Filters the term link.
	 *
	 * @since 2.5.0
	 *
	 * @param string  $termlink Term link URL.
	 * @param GC_Term $term     Term object.
	 * @param string  $taxonomy Taxonomy slug.
	 */
	return apply_filters( 'term_link', $termlink, $term, $taxonomy );
}

$terms = get_terms( 'species' );

echo '<ul>';

foreach ( $terms as $term ) {

    // The $term is an object, so we don't need to specify the $taxonomy.
    $term_link = get_term_link( $term );
   
    // If there was an error, continue to the next term.
    if ( is_gc_error( $term_link ) ) {
        continue;
    }

    // We successfully got a link. Print it out.
    echo '<li><a href="' . esc_url( $term_link ) . '">' . $term->name . '</a></li>';
}

echo '</ul>';