Accurate bathymetric data is crucial for various aspects such as marine resource exploitation and marine ecological conservation. Currently, satellite-derived bathymetry (SDB) based on empirical and physical models has been widely utilized in constructing underwater terrain in shallow seas. However, the application of such SDB models is limited in remote island reef areas lacking in-situ measurement data. To overcome this issue, the manuscript proposes an unconstrained SDB optimization method without in-situ measurement data, utilizing satellite multispectral imagery (Geoeye-1) and spaceborne LiDAR data (ICESat-2). By classifying the seafloor substrate in coral reef areas into sandy and coral, based on the depth invariant index (DII), we employ an adaptive logarithmic ratio model for unconstrained SDB. The ICESat-2 LiDAR data are then used to correct the SDB results, achieving bathymetry optimization in the coral reef area of the Xisha Islands. Additionally, the proposed method is applied to Yuanzhi Island of the Xisha Islands, and the accuracy of the bathymetric results is evaluated against ALB (Airborne LiDAR Bathymetry) data. The findings demonstrate that compared to conventional methods, our method can improve the accuracy of SDB results with good adaptability. In the Yuanzhi Island area, the proposed method yields SDB results with an R2 of 0.93, an MAE (Mean Absolute Error) of 0.94, and an RMSE (Root Mean Square Error) of 1.12 m, compared to ALB data. The average error is less than 10 % of the maximum depth, essentially meeting the requirements of the International Hydrographic Organization (IHO) standards for depth measurement error when depth is <20 m. This study can offer a novel approach for enhancing bathymetric accuracy around offshore and remote islands, where gathering underwater terrain data is challenging.