The invention relates to a spheroidized annealing process for shortening the annealing cycle of hot rolled wire rods, belongs to the technical field of metal wire annealing process. The technical scheme of the spheroidized annealing process lies in that firstly, lamellar pearlites are heated to 770-790 DEG C, heat preservation is carried out for a certain time to enable the lamellar pearlite to be fused quickly, so that the undissolved carbide particles can promote the transformation of austenite into the spheroidized microscopic structure; the temperature is lowered to 710-730 DEG C, heat preservation is performed for 4-6 hours to enable the fused cementite to gather spherically, and along with the time extension of heat preservation, the rate of spheroidization of the cementite is gradually improved, and the uniformity is gradually improved. A slow three-stage cooling manner is adopted, so that the uniformity of the spheroidized structure is improved. According to the spheroidized annealing process for shortening the annealing cycle of hot rolled wire rods, the following advantages are achieved: the annealing effect is good, the technological process is simple, the annealing cycle is short, the production efficiency is high, and the cost is low. With the adoption of the spheroidized annealing process provided by the invention, the processed wire rods of fasteners are uniform in metallographic structure, high in toughness, high in malleability, low in harness, are suitable for subsequent moulding and processing forming, and the products are low in cold-forming cracking rate.